Deckers Outdoor Corporation Acquires TSUBO, LLC
Deckers Outdoor Corporation (NASDAQGS: DECK) today announced that it has acquired 100% of the ownership interest of TSUBO, LLC. The purchase price is approximately $6 million in cash plus a potential future earn-out, subject to customary working capital adjustments. The Company stated it does not expect the acquisition to affect its previously announced diluted earnings per share outlook for the remainder of the year.