Timberland Co. (TBL) - NYSE
TBL is defunct.
  • Jun. 13, 2011, 10:23 AM
    Usually it doesn't work this way: VF Corp. (VFC +10.8%) soars after its $2B deal for Timberland (TBL +42.9%). The M&A rule of thumb - the stock price of the buyer gets pounded over worries that the price paid is too high - has come undone lately because Wall Street is welcoming industry consolidation on hold since the crisis. Footwear peers: SHOO +1.9%, DECK +1.7%. SKX +0.6%.
    | Jun. 13, 2011, 10:23 AM
  • Jun. 13, 2011, 7:14 AM

    VF Corp. (VFC) to buy Timberland (TBL) for $43/share, for a total enterprise value of ~$2B net of cash acquired. The deal is expected to be accretive to VF's EPS by $0.25 in 2011 and by $0.75 in 2012, inclusive of deal costs. (PR)

    | Jun. 13, 2011, 7:14 AM
Company Description
The Timberland Company was incorporated in Delaware on December 20, 1978. We are the successor to the Abington Shoe Company, which was incorporated in Massachusetts in 1933. We refer to The Timberland Company, together with its subsidiaries, as “we”, “our”, “us”, “its”, “Timberland” or the... More
Industry: Textile - Apparel Footwear & Accessories
Country: United States