Wednesday, July 6, 2016

Incipio Tenders Offer For Skullcandy

Mobile accessory maker Incipio said this morning that it has tendered its offer to acquire Park City-based Skullcandy, at $5.75 per share, as agreed to by the companies in June. Incipio has offered to buy Skullcandy for approximately $177M, in a bid to combine the two mobile accessory makers and their pool of brands. Skullcandy is listed on the NASDAQ as SKUL. The two had announced the acquisition on June 24th.