...is that Timberland has hired Goldman Sachs to pursue strategic alternatives...
This could be a very interesting strategic buy for several companies in the outdoor industry. VFC probably has the cash to do it, but so does Nike.
However, judging by some of the recent Timberland conference calls with Wall Street analysts and the media that I have listened to, I would bet management wants to take the company private, so look for a large PE firm to step up to the plate.
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