Quiksilver Completes Purchase For 94% Of Skis Rossignol

Quiksilver has “completed its purchase” of close to 94% of France-based Skis Rossignol for $320M in cash and stock, according to Leslie Earnest of the L.A. TIMES. Quiksilver said that it “planned to buy more shares through a second tender offer.” The company also named former Salomon President Jean-Francois Gautier Skis Rossignol President. Shares of Quiksilver were down $0.11 yesterday to $16.23 (L.A. TIMES, 7/27). As of press time, Quiksilver was trading at $16.27 (THE DAILY).