Adidas Buying Reebok For $3.8 Billion
Sporting-goods manufacturer Adidas has announced its will buy out rival Reebok, in a deal worth a reported $3.8 billion. Adidas is ranked at number two behind Nike in the sporting-goods industry, with Reebok in third. “This is a once-in-a-lifetime opportunity to combine two of the most respected and well-known companies in the worldwide sporting goods […]