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Movado to buy MVMT Watches
Movado Group Inc. (mov) said late Wednesday that it plans to buy MVMT Watches Inc. Movado stock was flat in after-hours trading. Movado said that it will pay $100 million initially, and may pay future contingent payments of up to $100 million in the future. In 2017, MVMT logged revenue of roughly $71 million, the company said.
https://finance.yahoo.com/m/f1c332c...668/movado-to-buy-mvmt-watches.html?.tsrc=rss
Movado Group Inc. (mov) said late Wednesday that it plans to buy MVMT Watches Inc. Movado stock was flat in after-hours trading. Movado said that it will pay $100 million initially, and may pay future contingent payments of up to $100 million in the future. In 2017, MVMT logged revenue of roughly $71 million, the company said.
https://finance.yahoo.com/m/f1c332c...668/movado-to-buy-mvmt-watches.html?.tsrc=rss
