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Why Is Crocs Acquiring Hey Dude? | SGB Media Online

Shares of Crocs fell 11.6 percent last Thursday after the company announced plans to acquire casual shoemaker Hey Dude for a whopping $2.5 billion. On an analyst call, Crocs’ CEO Andrew Rees identified eight strategic advantages to the acquisition while analysts generally found more potential benefits than risks.
United States Piper Sandler Erinn Murphy Jonathan Komp Alessandro Rosano Andrew Rees Piper Sandler

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