Reuters logo
BRIEF-Fox Factory Holding Acquires Certain Assets Of Flagship, DBA Tuscany Motor Co
December 1, 2017 / 1:39 PM / 14 days ago

BRIEF-Fox Factory Holding Acquires Certain Assets Of Flagship, DBA Tuscany Motor Co

Dec 1 (Reuters) - Fox Factory Holding Corp:

* FOX FACTORY HOLDING CORP. ACQUIRES CERTAIN ASSETS OF FLAGSHIP INC., DBA TUSCANY MOTOR COMPANY

* FOX FACTORY HOLDING- ACQUIRED 80% OF FLAGSHIP FOR $53.4 MILLION IN CASH FINANCED THROUGH A COMBINATION OF ITS EXISTING CREDIT FACILITY AND CASH ON HAND ​

* FOX FACTORY HOLDING CORP- AGREEMENT INCLUDES A PROVISION FOR FOX TO ACQUIRE REMAINING 20% OF BUSINESS IN FUTURE

* FOX FACTORY HOLDING CORP - ‍FOX IS NOT UPDATING ITS Q4 FISCAL 2017 AND FULL YEAR 2017 GUIDANCE​

* FOX FACTORY HOLDING CORP- EXPECTS 2018 SALES CONTRIBUTION FROM TUSCANY OF APPROXIMATELY $41 MILLION

* FOX FACTORY HOLDING- EXPECTS NON-GAAP ADJUSTED EARNINGS PER DILUTED SHARE CONTRIBUTION FROM TUSCANY OF APPROXIMATELY $0.07 FOR FISCAL 2018​ Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below