MSNBC is reporting that the Italian company Luxottica (owner of Ray Ban and Prada) is buying Oakley in a 2.1 billion dollar all-cash deal.
According to the article, the sale has been approved by both companies' board of directors.
I'd say all around good guy Jim Jannard has a wee bit of mad money to keep his drag racing interests going for a while.
According to the article, the sale has been approved by both companies' board of directors.
I'd say all around good guy Jim Jannard has a wee bit of mad money to keep his drag racing interests going for a while.
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