Thursday, June 21, 2007

RayBan owner Luxottica to buy Oakley for $2.1 bln

(Reuters) - Luxottica will buy all the outstanding shares of Oakley for $29.30 per share, the companies said in a joint statement.




The offer represents a 16.1 percent premium to Oakley's Wednesday close of $25.23 on the New York Stock Exchange.


Read more at Reuters.com Business News

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