LINCOLN, R.I., Sept. 6, 2013 (GLOBE NEWSWIRE) -- A.T. Cross Company (Nasdaq:ATX) today announced that it has completed its previously announced sale of its Cross Accessory Division (the "Division") to a newly-formed affiliate of Clarion Capital Partners, LLC (the "Buyer") for $60 million in cash. As previously announced, the Buyer assumed substantially all the liabilities associated with the Division, excluding the U.S. defined benefit pension plan and certain known pre-closing environmental matters.
A.T. Cross Completes Sale Of Cross Accessory Division
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