Nike (NKE) plans to sell its Cole Haan brand to Apex Partners for $570M in a deal slated to...

|About: Nike Inc. (NKE)|By:, SA News Editor

Nike (NKE) plans to sell its Cole Haan brand to Apex Partners for $570M in a deal slated to close in early 2013. The highly-anticipated sale comes in with a deal price just above the estimates of many analysts. It's been a whirlwind of news for Nike investors with a dividend hike and stock split unfurled by the company last night. NKE +1.7% premarket.