Billabong/Boardriders Deal Officially Closes
Buckle up everyone, it’s going to be an interesting ride.
Former archrivals Billabong and Quiksilver are now part of one big Boardriders family, along with RVCA, Roxy, DC, Element, VonZipper and Xcel.
The deal officially closed yesterday in Australia. As a result, the Billabong Board of Directors has resigned.
Billabong shareholders will be paid A$1.05 per share.