Adidas Sells Reebok to Authentic Brands Group for $2.5 Billion
By A Mystery Man Writer
Description
Reebok has struggled with sluggish sales since Adidas bought the brand for $3.8 billion in 2005 to compete with Nike in the U.S. market.
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adidas - Page 124
Adidas to divest Reebok for $2.5 billion to Authentic Brands Group
Adidas agrees to sell struggling Reebok for $2.5bn to Authentic Brands
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