BRIEF-dELiA*s says to sell CCS brand to Foot Locker

Date : 09/29/2008 @ 8:57AM
Source : TFN
Stock : Foot Locker Inc (FL)
Quote : 6.25  -0.48 (-7.13%) @ 2:00PM
<< BackQuote Chart Financials

 



BRIEF-dELiA*s says to sell CCS brand to Foot Locker

        NEW YORK (Thomson Financial) -     Sept 29 (Reuters) - dELiA*s Inc: 
    * Says enters into agreement to sell CCS brand 
    * Says agreed to sell assets related to CCS brand to Foot Locker Inc for 
      $102 million in cash 
    * Says sale should generate positive EBITDA in fourth quarter of fiscal
2008, 
      fiscal 2009 
    * Says agreed to acquire from Alloy Inc certain IP assets, specified 
      media services 
    * Says paid about $9 million to Alloy 
     ((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223
8780)) 
     
Chuck Mikolajczak
cm

COPYRIGHT

Copyright Thomson Financial News Limited 2007. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content,
including by framing or similar means, is expressly prohibited without the prior
written consent of Thomson Financial News.

<< Back


Foot Locker Inc Historical Chart Foot Locker Inc Intraday Chart  
Period
noad


LSE and PLUS quotes are live. NYSE and AMEX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions :: Contact Us :: Request an Exchange :: Affiliate Scheme
Copyright1999-2008 ADVFN PLC. Copyright and limited reproduction :: Privacy Policy :: Investment Warning :: Advertise with us :: Data accreditations :: Investor Relations :: Press office :: Jobs
ADDITIONAL SERVICES AVAILABLE FROM ADVFN
Upgrade - Click here for more information on ADVFN premium services Money Words - ADVFN Financial Glossary Investor Training ADVFN Financial Bookshop Online Training Academy
40 site:2us 081201 14:17 Stock Message Boards ( 2001 | 2002 | 2003 | 2004 | 2005 | 2005 | 2007 )