Change at the Top: New CEO Looks to Boost Billabong

July 19 (Bloomberg) -- Billabong may have avoided a wipeout this week when it received a $294 million refinancing deal from Altamont Capital. Under the terms of the deal the company would sell its Dakine Brand to Altamont for $70 million but there is a competing proposal on the table. In either case, CEO Launa Inman would be replaced by Scott Olivet, the former Chairman of Oakley. Paul Allen reports on the company's future. (Source: Bloomberg)
Global Markets: Strategies for the Long Trends
34:42 - Coutts & Co Global Chief Economist Mark McFarland discusses the key data that could move markets this week and what investors should be doing. He speaks to Bloomberg's Rishaad Salamat on "Trending Business." (Source: Bloomberg)
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