Monday, March 6, 2017

Finish Line unloads JackRabbit for low, low price of $0

Image result for greater boston running companyAthletic apparel retailer Finish Line has unloaded its unprofitable JackRabbit specialty running shoe business to private investment firm CriticalPoint Capital LLC for no money, The Wall Street Journal reports.

Finish Line first announced in January that CriticalPoint would acquire JackRabbit’s 65 retail stores, all JackRabbit leasehold interests and lease liabilities, intellectual property and the JackRabbit trademark and name for a then-undisclosed amount.. . . more

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