Carter's, Inc. To Acquire Bonnie Togs

Carter's, Inc. announced that it has entered into a definitive agreement to acquire Bonnie Togs, a children’s apparel retailer based in Toronto, Canada, for total consideration of up to approximately $98 million. Bonnie Togs is a Canadian specialty retailer focused exclusively on the children’s apparel and accessories marketplace. The acquisition of Bonnie Togs is expected to be accretive to Carter’s fiscal 2011 adjusted earnings per share, excluding the impact of non-recurring purchase accounting-related charges. Latest Developments for Carter S Inc Latest Key Developments in Retail - Apparel / Accessories Share this Link this Digg this Email Share this Digg