Home    Resource Store    Past Issues    Buyers' Guide    Career Center    Subscriptions    Advertising    E-Newsletter    Contact

Textile World Photo Galleries
May/June 2015 May/June 2015

View Issue  |

Subscribe Now  |

Events

2015 Intertextile Shanghai Home Textiles - Autumn Edition
08/26/2015 - 08/28/2015

Hightex 2015 - 6th International Technical Textiles and Nonwovens Trade Fair
09/11/2015 - 09/13/2015

Nonwoven Nanofiber And Microfiber Fundamentals And Applications
09/14/2015 - 09/17/2015

- more events -

- submit your event -

Printer Friendly
Full Site
Textile News

Berkshire Hathaway Subsidiary Completes Russell Acquisition

Fruit of the Loom Inc., Bowling Green, Ky., a subsidiary of Omaha, Neb.-based conglomerate Berkshire Hathaway Inc., has completed its acquisition of Atlanta-based athletic and sporting goods manufacturer Russell Corp. The acquisition, valued at $18 per share of common stock, or nearly $600 million, was approved August 1 by Russell’s stockholders.

Russell will operate as a freestanding subsidiary of Fruit of the Loom, retaining its corporate name. John Holland, CEO of Fruit of the Loom, also will serve as CEO of Russell, replacing Jack Ward, who has retired.

September/October 2006



Advertisement