Columbia Sportswear Company Announces Acquisition of Montrail, Inc. Footwear Brand
Word on the street is Montrail is part of Columbia, don't say it's so.
Columbia Sportswear Company (Nasdaq: COLM), a global leader in the active outdoor apparel and footwear industries, today announced that it has acquired substantially all of the assets of Montrail, Inc. for cash consideration of $15 million plus the assumption of certain liabilities.
Yet another great company being swallowed by a giant who needs to gain more numbers and dollars. What will we loose, another company that changed the trail running seen.
BentGear.com
"Geared for Adventure"