{"id":52149,"date":"2017-11-28T12:56:04","date_gmt":"2017-11-28T19:56:04","guid":{"rendered":"http:\/\/www.boardistan.com\/?p=52149"},"modified":"2017-11-30T10:44:16","modified_gmt":"2017-11-30T17:44:16","slug":"huf-nabs-63-million-in-sale","status":"publish","type":"post","link":"http:\/\/www.boardistan.com\/?p=52149","title":{"rendered":"HUF Nabs $63 Million In Sale"},"content":{"rendered":"<p>&nbsp;<img loading=\"lazy\" decoding=\"async\" class=\"alignright size-thumbnail wp-image-52150\" src=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2017\/11\/huf-box-logo-200x200.jpg\" alt=\"\" width=\"200\" height=\"200\" srcset=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2017\/11\/huf-box-logo-200x200.jpg 200w, http:\/\/www.boardistan.com\/wp-content\/uploads\/2017\/11\/huf-box-logo.jpg 450w\" sizes=\"(max-width: 200px) 100vw, 200px\" \/>The owners of the skateboard brand <strong>HUF<\/strong>&nbsp;have reportedly sold off 90 percent of the brand to the Japan based <strong>TSI Holdings Co Ltd<\/strong> for $63 million, according to a story on <a href=\"https:\/\/www.reuters.com\/article\/brief-tsi-holdings-to-acquire-90-pct-sta\/brief-tsi-holdings-to-acquire-90-pct-stake-in-huf-holdings-llc-for-63-mln-idUSL3N1NX2QG\"><strong>Reuters<\/strong><\/a>.<\/p>\n<blockquote>\n<p data-reactid=\"32\">TSI Holdings Co Ltd says it plans to acquire 90 percent stake in U.S.-based firm HUF Holdings, LLC (target firm) on Dec. 14, at the price of $63 million<\/p>\n<\/blockquote>\n<p>According to a <a href=\"https:\/\/www.release.tdnet.info\/inbs\/140120171127425287.pdf\"><strong>press release<\/strong><\/a> (which is in Japanese) Keith Hufnagel currently owns 15 percent of HUF, while <strong>Altamont Capital Partners<\/strong> owns 57.7 percent with&nbsp;<strong>Jai Baek<\/strong> and <strong>Joanne Baek<\/strong> owning 17.5 and 7.5 respectively.<\/p>\n<p><strong>[Link: <a href=\"https:\/\/www.reuters.com\/article\/brief-tsi-holdings-to-acquire-90-pct-sta\/brief-tsi-holdings-to-acquire-90-pct-stake-in-huf-holdings-llc-for-63-mln-idUSL3N1NX2QG\">Reuters<\/a>]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp;The owners of the skateboard brand HUF&nbsp;have reportedly sold off 90 percent of the brand to the Japan based TSI Holdings Co Ltd for $63 million, according to a story on Reuters. TSI Holdings Co Ltd says it plans to acquire 90 percent stake in U.S.-based firm HUF Holdings, LLC (target firm) on Dec. 14, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[10,3,12],"tags":[],"_links":{"self":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/52149"}],"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=52149"}],"version-history":[{"count":2,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/52149\/revisions"}],"predecessor-version":[{"id":52153,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/52149\/revisions\/52153"}],"wp:attachment":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52149"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}