Nation/World


Samsonite May Sell

Samsonite Corp. said it’s in talks to sell a 50 percent equity stake to unnamed investors and use the proceeds to pay a $30-a-share dividend to stockholders.

Samsonite’s stock fell 40 percent in the past 12 months amid weaker demand for hard-sided luggage.



Click here to comment on this story »




Sections


Profile

Contact the Spokesman

Main switchboard:
(509) 459-5000
Customer service:
(509) 747-4422
Newsroom:
(509) 459-5400
(800) 789-0029
Back to Spokesman Mobile