Alloy, Inc. has received the go-ahead from the Federal Trade Commission to acqruie Delia*s Corp. The early termination of the waiting period required by the Hart-Scott-Rodino Act means that Alloy will be able to make a stock-based purchase of Delia*s valued at roughly $50 million. The acquisition is expected to close on Sept. 3. Alloy markets a variety of apparel, accessories, footwear, room furnishings
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Alloy, Inc. has received the go-ahead from the Federal Trade Commission to acqruie Delia*s Corp. The early termination of the waiting period required by the Hart-Scott-Rodino Act means that Alloy will be able to make a stock-based purchase of Delia*s valued at roughly $50 million. The acquisition is expected to close on Sept. 3.
Alloy markets a variety of apparel, accessories, footwear, room furnishings and action sports equipment to "Generation Y" consumers – those between the ages of 10 and 24. Delia*s is an apparel, accessories and home furnishings cataloger and retailer that targets teenage girls and young women.
