Delta Apparel, Inc. has completed the previously announced acquisition of all of the outstanding capital stock of M. J. Soffe Co.
Delta Apparel has also entered into $78.5 million aggregate revolving credit facilities with Congress Financial. After the purchase of M. J. Soffe, the Company will have an aggregate of approximately $59.5 million outstanding under the revolving lines of credit with approximately $19.0 million of aggregate credit availability.
