Quiksilver Inc., the parent of DC Shoes, Roxy, and the flagship Quiksilver
brand, is looking for a buyer, according to a report from Bloomberg.
Sources said the company has been holding discussions with a number of
potential strategic bidders but the goal of a management-led buyout,
ideally outside of a bankruptcy.
In June, Bloomberg reported that
Quiksilver Inc. hired Peter J. Solomon Co. to help find financing
and the investment bank is now assisting with an exploration around a
sale. FTI Consulting Inc. has also been hiring as part of the sales
process.
The Bloomberg news article is here: http://finance.yahoo.com/news/quiksilver-said-seek-buyer-struggles-142745820.html;_ylt=A0LEV0JdbOdVaGsACzZXNyoA;_ylu=X3oDMTByMDgyYjJiBGNvbG8DYmYxBHBvcwMyBHZ0aWQDBHNlYwNzYw–
