HanesBrands to Acquire DB Apparel
Acquisition expected to add approximately $0.25 of adjusted EPS in 2015 and approximately $1.00 of adjusted EPS annually within 3 to 4 years.
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Advisors
J.P. Morgan Securities LLC is serving as exclusive financial advisor to Hanes. Cleary Gottlieb Steen & Hamilton LLP is serving as legal counsel to Hanes.
Webcast Conference Call
Hanes held a live Internet webcast of its investor conference call to discuss the acquisition announcement at 8:30 a.m. EDT on June 25. The webcast may be accessed on the investor page the Hanes corporate website, www.hanes.com/investors. The call is expected to conclude by 9 a.m.
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