Acquisition of Russell Corporation Complete.ATLANTA -- Russell Corporation (NYSE NYSE See: New York Stock Exchange :RML RML right middle lobe (of lungs). ), a leading branded athletic and sporting goods company, announced today the successful completion of its acquisition by Fruit of the Loom Fruit of the Loom is an American company which manufactures clothing, particularly underwear. The company's world headquarters are based in Bowling Green, Kentucky. One manufacturing facility still remains in Jamestown, Kentucky, and several other facilities are located across the , Inc., a subsidiary of Berkshire Hathaway Inc. (NYSE:BRKA) (NYSE:BRKB). Russell stockholders approved the transaction at a special stockholder's meeting on August 1, 2006. In connection with the closing, Russell intends to notify the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. that each share of Russell common stock has been converted into the right to receive $18.00 in cash, without interest, and will request that the New York Stock Exchange file with the Securities and Exchange Commission an application to strike Russell Common Stock from listing and registration on the NYSE. In addition, Russell will file with the Securities and Exchange Commission a request that Russell Common Stock be deregistered and that Russell's reporting obligations under Sections 13 and 15(d) of the Securities Exchange Act be suspended. About Russell Corporation Russell Corporation is a leading branded athletic and sporting goods company marketing athletic apparel, uniforms, footwear and equipment for a wide variety of sports, outdoor and fitness activities. The Company's major brands include Russell Athletic(R), JERZEES(R), Spalding(R), Brooks(R), Huffy Sports(R), Bike(R), Moving Comfort(R), AAI AAI American Association of Immunologists. (R) and Mossy Oak(R). |
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