West 49’s shareholders decided that being purchased by Billabong was a great idea, according to a story in the OC Business Journal.
Shareholders of West 49 voted nearly unanimously for Billabong’s $93 million buyout. The deal is set to close later this month or in early September. . . West 49, based near Toronto, runs a chain of 138 mall stores in Canada selling clothes inspired by skateboarding and snowboarding.
Apparently, 99.9 percent of the shareholders agreed. Wonder who the hold out was?
[Link: OC Business Journal]
