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Market Update Analysis: 
Finish Line to Buy Genesco for $1.5 B
Author: Elena Todorova
123jump.com
Last Update: 11:24 AM EDT June 18 2007


Shares of Genesco climbed 8.3% after the footwear and accessories retailer agreed to be acquired by Finish Line in a cash-deal worth $1.5 billion. In other deal-related news, BHP Billiton is reportedly reviewing plans to make a $40 billion offer for Dow component Alcoa. Shares of the aluminum giant rose 1.8% on the news.

 

 

 

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