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Tags: lingerie | Hanesbrands | Maidenform | underwear

Hanesbrands to Buy Underwear Rival Maidenform for $575 Million

Wednesday, 24 July 2013 06:13 AM EDT

Underwear maker Hanesbrands Inc. said it will buy lingerie-maker Maidenform Brands Inc. for $575 million to boost its product line up.

Hanesbrands' offer of $23.50 per share is at a premium of 23 percent to Maidenform's closing price on Tuesday.

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Underwear maker Hanesbrands Inc. said it will buy lingerie-maker Maidenform Brands Inc. for $575 million to boost its product line up.
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2013-13-24
Wednesday, 24 July 2013 06:13 AM
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