Wednesday, July 6, 2016

Incipio Launches Tender Offer For Skullcandy

Irvine-based Incipio, the manufacturer of mobile and consumer electronics accessories, announced this morning that it has tendered its offer to acquire Park City-based Skullcandy. Incipio is offering up $5.75 per share for Skullcandy, or approximately $177M, in a bid to combine the two mobile accessory makers and their pool of brands. Skullcandy is listed on the NASDAQ as SKUL. The two companies had announced the acquisition on June 23rd.