Billabong said it will be evaluating the offers over about six weeks. It said it will be determining whether it can secure a bid "at a price and on terms the board would recommend."
Billabong sold half of its Nixon Inc. watches and accessories brand and cut hundreds of jobs in 2012. It includes brands like Palmers Surf and Von Zipper, as well as its namesake brand.
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-- Written by Brittany Umar.