Quiksilver Sale Talk Continues

by The Editors on November 10, 2008

The New York Times Dealbook blog made mention of Quiksilver today with the following:

One small deal that may be in the works would be the sale of Quiksilver, a maker of surfer-style clothing, to Nike or another strategic acquirer. Quicksilver [sic] has retained Morgan Stanley to advise on its strategic alternatives.

And seeing as Quik’s stock closed well below the $2 mark again today it could be a good deal, as long as Nike doesn’t mind buying over a billion in debt.

[Link: Deal Book]

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