{"id":32336,"date":"2012-09-17T08:50:28","date_gmt":"2012-09-17T15:50:28","guid":{"rendered":"http:\/\/www.boardistan.com\/?p=32336"},"modified":"2012-09-19T08:54:49","modified_gmt":"2012-09-19T15:54:49","slug":"ripcurl-looking-for-an-exit","status":"publish","type":"post","link":"http:\/\/www.boardistan.com\/?p=32336","title":{"rendered":"Ripcurl Looking For An Exit"},"content":{"rendered":"<p><a href=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2012\/09\/data.jpg\" onclick=\"window.open('http:\/\/www.boardistan.com\/wp-content\/uploads\/2012\/09\/data.jpg','popup','width=640,height=427,scrollbars=no,resizable=yes,toolbar=no,directories=no,location=no,menubar=no,status=yes,left=0,top=0');return false\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2012\/09\/data-tm.jpg\" height=\"133\" width=\"200\" border=\"1\" align=\"right\" hspace=\"4\" vspace=\"4\" alt=\"Data\" \/><\/a>Well, there goes the surf clothing industry. <strong><a href=\"http:\/\/www.ripcurl.com\/\" target=\"_blank\">Rip Curl Group Pty<\/a><\/strong>. is now reportedly looking for someone who will trade them A$500 million for the brand, according to a story on <strong><em><a href=\"http:\/\/www.businessweek.com\/news\/2012-09-16\/rip-curl-said-to-seek-up-to-a-500-million-to-sell-surfwear-brand\" target=\"_blank\">Bloomberg Businessweek<\/a><\/em><\/strong>.<\/p>\n<blockquote><p>The closely held Australian company has hired Bank of America Corp.\u2019s Merrill Lynch unit and is seeking about 10 times its projected A$48 million 2013 earnings before interest, tax, depreciation and amortization, the person said, asking not to be identified before a public announcement by Rip Curl. Merrill Lynch is assessing \u201cunsolicited approaches\u201d for the company, Rip Curl said in a statement today.<\/p><\/blockquote>\n<p>Sound great. It&#8217;s <em>such<\/em> a sellers market in the surf fashion industry right now.<\/p>\n<p><strong>[Link: <\/strong><strong><a href=\"http:\/\/www.businessweek.com\/news\/2012-09-16\/rip-curl-said-to-seek-up-to-a-500-million-to-sell-surfwear-brand\" target=\"_blank\">Bloomberg Businessweek<\/a><\/strong><strong>]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Well, there goes the surf clothing industry. Rip Curl Group Pty. is now reportedly looking for someone who will trade them A$500 million for the brand, according to a story on Bloomberg Businessweek. The closely held Australian company has hired Bank of America Corp.\u2019s Merrill Lynch unit and is seeking about 10 times its projected [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[10,6,12],"tags":[],"_links":{"self":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/32336"}],"collection":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32336"}],"version-history":[{"count":3,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/32336\/revisions"}],"predecessor-version":[{"id":32339,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/32336\/revisions\/32339"}],"wp:attachment":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32336"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}