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Will Tumi Stock Gain as Samsonite Shareholders Back Deal?

Samsonite (SMSOF) said its shareholders have approved its proposed purchase of luxury luggage maker Tumi.

How will tumi stock be affected by samsonite deal?

Tumi (TUMI) shareholders have backed a deal to be acquired by Samsonite (SMSOF).

Tumi Stock Up, Samsonite to Acquire for $1.8 Billion

Tumi stock is higher in pre-market trading on Friday after Samsonite (SMSEY) agreed to buy the luxury luggage company for $1.8 billion deal.

Samsonite packs up Tumi in $1.8B takeover agreement

The Hong Kong-listed buyer will use the acquisition to enter the market for luxury bags.

European stocks trade mostly higher

European stocks are mostly higher on Friday, with the London benchmark holding its own against eurozone peers as mining shares enjoy another day of strong gains.

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