NASDAQ Morning Leader: LaCrosse Footwear (NasdaqGM: BOOT) Leaps 80% on Acqusiiton News
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News about LaCrosse Footwear
New York, NY - July 6, 2012 (Investorideas.com Newswire) Investorideas.com, a leader in sector research for independent investors issues a trading alert for NASDAQ top percentage gainer this morning, Lacrosse Footwear Inc. (NasdaqGM : BOOT) gapping up and trading at $19.88, gaining $ 8.90 or (81.06%) 10:30AM EDT on over 1.4 Million shares following acquisition news.
ABC-MART, INC. (TSE:2670), Japan's leading retailer of athletic, business and casual footwear, reported it has entered into an agreement with LaCrosse Footwear, Inc. (BOOT), whereby ABC-MART will acquire all outstanding shares of LaCrosse Footwear stock for $20 per share in cash, or approximately $138 million.
About LaCrosse Footwear, Inc. (NasdaqGM: BOOT)
LaCrosse Footwear, Inc. is a leading developer and marketer of branded, premium and innovative footwear for work and outdoor users. The Company's trusted Danner® and LaCrosse® brands are sold to a network of specialty retailers and distributors in the United States, Canada, Europe and Asia. Work consumers include people in law enforcement, transportation, mining, oil and gas exploration and extraction, construction, military services and other occupations that require high-performance and protective footwear as a critical tool for the job. Outdoor consumers include people active in hunting, hiking and other outdoor recreational activities.
websites at http://www.lacrossefootwear.com and http://www.danner.com. For additional corporate information, see our corporate website at www.lacrossefootwearinc.com.
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