Wolverine Worldwide announced the belated completion of its $1.24 billion...

Wolverine Worldwide announced the belated completion of its $1.24 billion acquisition of the Performance & Lifestyle Group (PLG) of Collective Brands, which comprises Saucony, Sperry Top-Sider, Stride Rite, Keds and Pro-Keds. Financed through a $1.1 billion senior secured credit facility, the takeover gives WWW a portfolio of 16 shoe brands. ...

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