News

Crocs to acquire Bite Footwear

06/08/2007

US footwear designer and manufacturer Crocs, Inc. has entered into a definitive agreement to acquire US comfort and supportive performance shoe and sports sandals Bite Footwear for $1.75 million in cash, plus a potential earn-out of up to $1.75 million based on Bite hitting certain earnings targets over a  three-year period.

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