Alloy Cleared for Delia’s Acquisition

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