SALT LAKE CITY, June 19, 2014 (GLOBE NEWSWIRE) -- Black Diamond, Inc. (Nasdaq:BDE) (the "Company" or "Black Diamond"), a leading global supplier of innovative active outdoor performance equipment and apparel, has signed a definitive asset purchase agreement to sell its Gregory Mountain Products, LLC ("Gregory") brand for $85 million to Samsonite LLC. The transaction is subject to customary closing conditions and expected to close in late July 2014.
Black Diamond Agrees To Sell Gregory Mountain Products For $85 Million
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