Quicksilver Gulps Rossignol

More skiing-related news…with the snap of a binding, Rossignol (I’ve owned several pairs of Rossis over the years)
has been acquired by Quiksilver, the
apparel company who’s growth has been pretty startling over the last half decade. Venturing into ski manufacturing may
seem like a strange row to hoe, but it will seriously diversify Quicksilver in the outdoor sports realm. The price of
the transaction is reportedly $318 million. The new name will be Quiksilver Rossignol. Rossi was in the process of
restructuring because of decreased sales, and Quicksilver, as we say, is on  major expansion binge.