4 ms·
the short story is Oakley wasn't interested in being acquired, but since Luxottica owns most of the sunglasses stores you've heard of, was able to turn the scre
by spelunker 6y ago
the short story is Oakley wasn't interested in being acquired, but since Luxottica owns most of the sunglasses stores you've heard of, was able to turn the screws on Oakley by refusing to stock their product, causing it's share price to tank and enabled Luxottica to buy Oakley cheap.
https://www.forbes.com/sites/agoodman/2014/07/16/theres-more-to-ray-ban-and-oakley-than-meets-the-eye/#23be7fd622cd https://www.forbes.com/sites/agoodman/2014/07/16/theres-more...
- hef19898 6y agoWhich is shitty behavior. Thanks for mentioning it.