As expected, Russell RML shareholders on Tuesday approved the company's takeover by Berkshire Hathaway BRK.B. The merger is expected to close Wednesday, at which time Russell will no longer be a publicly traded firm and we will discontinue coverage of its stock.
… expected, the waiting period for U.S. antitrust review of Russell 's RML merger with Berkshire Hathaway BRK.B terminated May 30 ..... under $600 million, or about $18 per share. We believe Russell shareholders are being well compensated for their equity stake …
… increasing our fair value estimate for Russell RML to $18 per share from $15 to reflect ..... close in the third quarter of 2006. Russell announced Berkshire Hathaway will acquire ..... purchase price represents a 35% premium to Russell 's preannouncement closing price and …
Russell RML announced Monday that Berkshire Hathaway ..... opinion, the acquisition instantly makes Russell much stronger financially and improves ..... s competitive position. We believe Russell shareholders are being well compensated …
… it will acquire apparel, footwear, and sporting goods manufacturer Russell RML for $600 million, or $18 per share. The purchase price represents a 35% premium to Russell 's Monday closing price and a 20% premium to our fair value estimate …
Russell RML reported 2005 results in line with our ..... and American Athletic, offset by lower Russell Athletic and Mossy Oak sales. As expected ..... prove to be another transition year for Russell , as the company recently announced plans …
Russell RML announced a major restructuring plan to ..... trend to shift manufacturing overseas, Russell will close a textile facility in Alabama ..... production to Central America and Asia. Russell will also shift all Huffy Sports production …
After reviewing Russell 's RML 10-Q filing for the quarter ending ..... shortages and shipping delays cost Russell about $10 million in missed sales ..... since improved in the Southeast, but Russell will continue to experience pricing …
We have lowered Russell Athletic's RML fair value estimate to $15 per share ..... projections. Additionally, we now view Russell as having above-average risk ..... decision to discontinue the sale of Russell 's Jerzees brand of sweatshirts …
We have placed Russell Athletic RML under review following Wal-Mart's WMT decision to discontinue selling Russell 's Jerzees brand of sweatshirts and ..... business represents roughly 2%-3% of Russell 's total revenue. This year's results …