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Thursday, May 31, 2012

Nike, Inc. To Divest of Cole Haan & Umbro Brands*~

Earlier today, Nike Inc. announced its plans to divest of its Cole Haan and Umbro subsidiaries, sharpening its focus on the NIKE, Jordan, Converse and Hurley Brands. The planned divestitures mark the companies first in four years (Bauer Hockey being the last). Nike, Inc. To Divest of Cole Haan and Umbro Brands.

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