Frasers Group Takes Stake in Under Armour
The U.K. retailer has accumulated 16,576,500 Class A shares of UA’s beaten-down stock, representing an 8.78% stake of the 188,839,506 shares outstanding, according to a Schedule 13G filing. Mike Ashley’s acquisitive conglomerate can't be angling for a takeover as long as Kevin Plank controls ... Log in to view full article.
