Crocs to Acquire Bite Footwear (AP)
[Source: Yahoo! Finance: Textile - Apparel Footwear & Accessories Industry News
]
Crocs Inc., which makes trendy, colorful plastic shoes, said Monday it agreed to acquire Bite Footwear for $1.75 million, plus up to $1.75 million more if Bite makes some earnings targets over the next three years.
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