Tuesday, November 14, 2006

Timberland (TBL) Exploring a Possible Sale - WSJ

According to reports from the Wall Street Journal, Timberland (NYSE: TBL) is exploring a possible sale. The company has hired Goldman Sachs to assist in the process. According to the paper, the company is active with private-equity firms but a deal is still some time away.

Timberland is a global leader in the design, engineering and marketing of premium-quality footwear, apparel and accessories. Timberland markets products under the Timberland(R), Timberland PRO(R) Series, SmartWool(R), Timberland Boot Company(TM), Mion(TM) and GoLite(R) brands.

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