REUTERS Redcats bids $31/share for Sportman's Guide
PARIS, May 5 (Reuters) - Redcats USA Inc., a unit of French retailer PPR <PRTP.PA>, said on Friday it would acquire U.S. catalogue retailer The Sportsman's Guide Inc. <SGDE.O> in a friendly $31 a share offer.
The deal values Sportsman's at approximately $265 million, Redcats said in a statement.
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