Billabong’s New Bids Leave Traders Shunning Risky Bet

Billabong’s New Bids Leave Traders Shunning Risky Bet

Carla Gottgens/Bloomberg

Flip-flops are displayed for sale at the Billabong International Ltd. store in Torquay, Australia. Billabong said Jan. 14 it may take six weeks to determine whether an acceptable proposal can be agreed to with either suitor.