Billabong Gets Rival $556 Million Offer

Billabong International Ltd., Australia’s largest surfwear maker, received a takeover offer from VF Corp., the maker of Lee jeans, and Altamont Capital Partners that matches a A$527 million ($556 million) bid from one of its directors.

Sales Check With Hudson's Bay CEO Jerry Storch
52:53 - Hudson's Bay CEO Jerry Storch weighs in on Black Friday sales. He speaks on "Bloomberg Markets." (Source: Bloomberg)
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