Collective Brands (PSS) gets snapped up by a consortium led by Wolverine World Wide Group (WWW...

|About: Collective Brands, Inc. (PSS)|By:, SA News Editor

Collective Brands (PSS) gets snapped up by a consortium led by Wolverine World Wide Group (WWW +1.1%) and Golden Gate Capital for $21.75 a share after word leaked yesterday that a deal was in the works. PSS +2.2% to $21.21.