Nike in talks to acquire Quiksilver

“Nike is in the position to snap up some struggling competitors, thanks to its strong balance sheet and ability to weather the weak economy, say analysts who follow the company.

Women’s Wear Daily last week reported that Nike was in talks to acquire Quiksilver…..”

Does that mean that soon enough all the action sports companies will be owned by one mainstream giant?

Check out the article

-CG

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