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Nike Hires Goldman Sachs To Lead Sale Of Umbro, Cole Haan -CNBC

DOW JONES NEWSWIRES Nike Inc. (NIK) has hired Goldman Sachs Group Inc. (GS) to lead the sale of its Umbro and Cole Haan brands, CNBC reported Friday, citing sources. The sale is likely to cater to private equity firms, according to the report, and the brands could be sold either together or separately. Earlier Friday, Nike said it would begin the auction process immediately and that it expects to complete it by June 2013. Website: www.cnbc.com -Dow Jones Newswires; 212-416-2900

Stock News for Nike (NKE)
DateTimeHeadline
09/21/201411:15:12MARKET SNAPSHOT: Stronger Dollar Could Put Squeeze On Earnings
09/17/201419:54:32Want to Save Money on Fashion? Try Buying Pink
09/17/201419:47:17Nike Suspends Endorsement Deal With Vikings Running Back Adrian...
09/09/201421:16:14Amid Criticism Over Ray Rice, NFL Owners Back Roger Goodell
09/09/201415:10:32Nike, EA Sports Cut Ties With Ray Rice
09/09/201414:58:35Nike and EA Sports Cut Ties With Football Player Ray Rice
08/28/201418:05:19Fed Presidents Lockhart And Fisher Were Active Personal Asset...
06/27/201418:48:16MARKET SNAPSHOT: U.S. Stocks Rally Into Close; End Week Lower
06/27/201418:36:07MARKET SNAPSHOT: U.S. Stocks Edge Lower; Nike Up On Earnings
06/27/201417:58:31U.S. Hot Stocks: Hot Stocks to Watch
06/22/201406:16:48MARKET SNAPSHOT: $50 Jump In Oil Prices Could Stall U.S. Economy
06/17/201421:24:12U.S. Soccer's Clint Dempsey Has Another Goal: Release a Rap Album
06/11/201417:32:12Why You Can't Find Soccer Stars' Jerseys
06/02/201417:33:30Nike Unveil New Management Moves Monday
05/08/201417:24:03Barefoot' Running Heads Into the Sunset
04/25/201412:53:46Some Workers Return to Work at Shoemaker Yue Yuen
04/24/201417:12:03Under Armour CEO Takes Aim at Running Market to Fill Footwear...
04/16/201421:31:35Nike Signs Deal Through 2040 to Sponsor U.S. Track
04/16/201413:53:51Workers Strike at China Footwear Plant Over Welfare Payments
03/21/201417:32:07U.S. Stocks End Lower

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