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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
12/18/201419:47:46Nike Sees Jump in Sales, Growth Concerns -- 4th Update
12/18/201417:41:37Nike Sees Jump in Sales, Growth Concerns -- 3rd Update
12/18/201417:31:30Nike Sees Jump in Sales, Growth Concerns -- 2nd Update
12/18/201417:20:21Nike Sales Jump 15% -- Update
12/18/201416:56:05Nike Sales Jump 15%
12/17/201420:10:13Ahead Of The Tape
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09/26/201412:25:24EUROPE MARKETS: German DAX Pays The Price Of Gross Exit As Allianz...
09/26/201410:21:15MARKET SNAPSHOT: U.S. Stocks Edge Higher; Nike Rallies
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