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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
05/19/201616:00:00L Brands Hires Former Spanx CEO to Run Victoria's Secret
05/17/201610:30:00Target Hires Nordstrom Veteran as Merchandising Chief
05/13/201616:15:00NIKE, Inc. Declares $0.16 Quarterly Dividend
05/12/201608:08:00Corporate Social Responsibility Related News Releases and Story...
05/11/201621:09:00Nike to Offer Eight Weeks of Paid Family Leave
05/11/201609:18:00NIKE, Inc. Sets Bold Vision and Targets for 2020
05/02/201617:46:56Statement of Changes in Beneficial Ownership (4)
05/02/201617:41:43Statement of Changes in Beneficial Ownership (4)
05/02/201617:30:59Statement of Changes in Beneficial Ownership (4)
04/27/201605:30:00Adidas Extends Winning Streak
04/26/201616:15:00NIKE, Inc. Recommends That Shareholders Reject “Mini-Tender” Off...
04/26/201614:54:20Statement of Changes in Beneficial Ownership (4)
04/25/201617:54:02Statement of Changes in Beneficial Ownership (4)
04/22/201606:01:42Current Report Filing (8-k)
04/21/201621:30:00Several High-Ranking Nike Executives Shifting Posts
04/21/201620:02:00Several High-Ranking Nike Executives Shifting Posts
04/21/201618:12:43Statement of Changes in Beneficial Ownership (4)
04/21/201617:53:00NIKE, Inc. Announces Strategic Management Changes
04/21/201615:55:20Statement of Changes in Beneficial Ownership (4)
04/18/201619:53:07Statement of Changes in Beneficial Ownership (4)

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