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Skullcandy Inc (SKUL) 6.32 $SKUL Skullcandy Ent

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Post# of 273330
Posted On: 09/03/2016 9:19:05 PM
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Posted By: Stock_Tracker
Skullcandy Inc (SKUL) 6.32 $SKUL

Skullcandy Enters into New Merger Agreement with Mill Road Capital; Terminates Incipio Merger Agreement
GlobeNewswire - Wed Aug 24, 7:00AM CDT
Skullcandy, Inc. (Nasdaq:SKUL), which creates world-class audio experiences through its Skullcandy(R) and Astro Gaming(R) brands, today announced the termination of the previously announced merger agreement (the "Incipio Merger Agreement" with Incipio, LLC ("Incipio", and the entry into a new merger agreement (the "Mill Road Merger Agreement" with MRSK Hold Co. and MRSL Merger Co., entities affiliated with Mill Road Capital Management LLC (collectively, "Mill Road". Under the terms of the Mill Road Merger Agreement, outstanding shares of common stock of Skullcandy will be exchanged for $6.35 per share in cash at the completion of the merger, or a total of approximately $196.6 million.
SKUL: 6.32 (-0.01)

Skullcandy Board of Directors Determines Revised Proposal from Mill Road Capital Management at $6.35 per Share is Superior to Incipio Transaction
GlobeNewswire - Thu Aug 18, 7:00AM CDT
Skullcandy, Inc. (NASDAQ:SKUL), which creates world-class audio experiences through its Skullcandy and Astro Gaming brands, announced that, on August 17, 2016, Skullcandy received a written proposal from Mill Road Capital Management LLC ("Mill Road" to acquire Skullcandy for $6.35 per share in cash (the "August 17 Mill Road Proposal". Later that day, on August 17, 2016, Skullcandy's Board of Directors (the "Skullcandy Board", after consultation with its outside legal counsel and financial advisors, determined that the August 17 Mill Road Proposal constitutes a "Superior Proposal" as defined in Skullcandy's previously announced definitive merger agreement, as amended (the "Incipio Agreement", with Incipio, LLC ("Incipio".
SKUL: 6.32 (-0.01)

Skullcandy(R) Partners with Rock My World, Inc. to Build on Human Potential Labs Program
GlobeNewswire - Thu Aug 18, 7:00AM CDT
Skullcandy, Inc. (NASDAQ:SKUL), the original performance and lifestyle audio brand founded at the intersection of music, sports, technology, and creative culture, is excited to announce their partnership with Rock My World, Inc. Their first service, RockMyRun, works with the world's best DJs to curate playlists that react to physiological feedback. With this partnership, Skullcandy's Human Potential Labs continues its mission to deepen the understanding of how to improve performance through music.
SKUL: 6.32 (-0.01)

Skullcandy Announces Receipt of a Revised Acquisition Proposal from Mill Road Capital Management
GlobeNewswire - Tue Aug 16, 7:00AM CDT
Skullcandy, Inc. (NASDAQ:SKUL), which creates world-class audio experiences through its Skullcandy(R) and Astro Gaming(R) brands, announced that, on August 15, 2016, it received a revised unsolicited acquisition proposal from Mill Road Capital Management LLC ("Mill Road" to acquire Skullcandy for $6.25 per share in cash (the "August 15 Mill Road Proposal". The August 15 Mill Road Proposal represents a premium to the price of the current transaction with Incipio, LLC ("Incipio" pursuant to the previously announced definitive merger agreement, as amended (the "Merger Agreement", of $0.15 per share, or 2.5%. Skullcandy received the August 15 Mill Road Proposal the day following its receipt of an unsolicited proposal from Mill Road to acquire Skullcandy for $6.25 per share in cash (the "August 14 Mill Road Proposal", and two days following the receipt of an unsolicited proposal from Mill Road to acquire Skullcandy for $6.50 per share in cash (the "August 13 Mill Road Proposal". Mill Road rescinded the August 13 Mill Road Proposal upon delivery of the August 14 Mill Road Proposal. On August 14, 2016, the Strategic Transactions Committee of the Skullcandy Board of Directors (the "Skullcandy Board" determined that the August 14 Mill Road Proposal was not reasonably likely to lead to a "Superior Proposal" as defined in the Merger Agreement.
SKUL: 6.32 (-0.01)

Skullcandy Board Continues to Recommend Incipio Transaction Following Receipt of Acquisition Proposal from Mill Road Capital Management
GlobeNewswire - Mon Aug 15, 7:00AM CDT
Skullcandy, Inc. (NASDAQ:SKUL), which creates world-class audio experiences through its Skullcandy(R) and Astro Gaming(R) brands, announced that, on August 14, 2016, it received an unsolicited acquisition proposal from Mill Road Capital Management LLC ("Mill Road" to acquire Skullcandy for $6.25 per share in cash (the "August 14 Mill Road Proposal". The August 14 Mill Road Proposal represented a premium to the price of the current transaction with Incipio, LLC ("Incipio" pursuant to the previously announced definitive merger agreement (the "Merger Agreement" of $0.15 per share, or 2.5%. Skullcandy received the August 14 Mill Road Proposal the day following its receipt of an unsolicited proposal from Mill Road to acquire Skullcandy for $6.50 per share in cash (the "August 13 Mill Road Proposal", but the August 13 Mill Road Proposal was rescinded concurrently with the delivery of the August 14 Mill Road Proposal. Mill Road had not obtained the approval of its proposed debt financing sources in connection with the August 14 Mill Road Proposal, and Mill Road indicated to Skullcandy that it was not currently prepared to execute the proposed merger agreement if the Skullcandy Board of Directors (the "Skullcandy Board" were to determine to enter into a transaction with Mill Road. Mill Road also informed Skullcandy that it would be unwilling to pay the $6.6 million termination fee that would become payable to Incipio if Skullcandy were to terminate the Merger Agreement to enter into a transaction with Mill Road. The Strategic Transactions Committee (the "Strategic Transactions Committee" of the Skullcandy Board, upon evaluation of, among other things, the additional potential risks involved with closing the potential transaction contemplated by the August 14 Mill Road Proposal, including Skullcandy's obligation to pay the termination fee to Incipio, Mill Road's history of negotiations with Skullcandy and the timing of such a transaction relative to the current transaction with Incipio, and weighing those factors against the proposed increase in purchase price, determined that the August 14 Mill Road Proposal was not reasonably likely to lead to a "Superior Proposal" as defined in the Merger Agreement.
SKUL: 6.32 (-0.01)

CORRECTION -- Skullcandy, Inc. Reports Second Quarter 2016 Results
GlobeNewswire - Tue Aug 09, 10:30PM CDT
Skullcandy, Inc. (NASDAQ:SKUL) today announced financial results for the second quarter ended June 30, 2016.
SKUL: 6.32 (-0.01)

Skullcandy, Inc. Reports Second Quarter 2016 Results
GlobeNewswire - Tue Aug 09, 3:08PM CDT
Skullcandy, Inc. (NASDAQ:SKUL) today announced financial results for the second quarter ended June 30, 2016.
SKUL: 6.32 (-0.01)

Skullcandy Announces Reporting Date for Second Quarter 2016 Financial Results
GlobeNewswire - Mon Aug 08, 3:05PM CDT
Skullcandy, Inc. (Nasdaq:SKUL) announced today that the Company will report second quarter 2016 financial results on Tuesday, August 9, 2016 via a press release issued after the market closes.
SKUL: 6.32 (-0.01)

Skullcandy(R) Announces Official Audio Partnership with VRLA
GlobeNewswire - Fri Aug 05, 7:00AM CDT
Skullcandy, Inc. (NASDAQ:SKUL), the performance and lifestyle audio brand founded at the intersection of music, sports, technology and creative culture, announces an official audio partnership with VRLA Summer Expo 2016. VRLA is the world's largest virtual and augmented reality expo, welcoming both consumers and industry professionals. VRLA will serve as a platform for Skullcandy to host product demos of the innovative Bluetooth virtual reality headphone that they have been developing for early 2017 release.
SKUL: 6.32 (-0.01)

Research Report Coverage on Select Consumer Goods Stocks -- Harley-Davidson, Polaris Industries, Thor Industries, and Skullcandy
PR Newswire - Wed Aug 03, 7:40AM CDT
Some of the biggest challenges faced by the Consumer Goods space are changing consumer preferences and buying power. The Consumer Goods sector is our featured sector ahead of today's trading session. Stock-Callers.com looks at how these challenges are affecting some companies by reviewing their recent performances: Harley-Davidson Inc. (NYSE: HOG), Polaris Industries Inc. (NYSE: PII), Thor Industries Inc. (NYSE: THO), and Skullcandy Inc. (NASDAQ: SKUL). These stocks research reports can be downloaded now by simply registering for free at:
SKUL: 6.32 (-0.01), HOG: 53.09 (+0.20), THO: 81.88 (+0.81), PII: 83.94 (-1.88)

Skullcandy and Incipio Amend Merger Agreement to Increase Tender Offer Price to $6.10 per Share
GlobeNewswire - Wed Aug 03, 7:00AM CDT
Skullcandy, Inc. (NASDAQ:SKUL), which creates world-class audio experiences through its Skullcandy(R) and Astro Gaming(R) brands, and Incipio, LLC ("Incipio", a leading global consumer technology solutions platform, jointly announced today that, on August 3, 2016, Skullcandy, Incipio, and Powder Merger Sub, Inc. ("Purchaser", a wholly owned subsidiary of Incipio, have entered into an amendment (the "Amendment" to their previously announced Agreement and Plan of Merger ("Merger Agreement". Pursuant to the Amendment, Purchaser increased the offer price to acquire all the outstanding shares of common stock of Skullcandy from $5.75 per share to $6.10 per share in cash, or a total of approximately $188.6 million.
SKUL: 6.32 (-0.01)

Faruqi & Faruqi, LLP Announces Filing of a Class Action Lawsuit Against Skullcandy, Inc.
PR Newswire - Mon Aug 01, 5:24PM CDT
Notice is hereby given that Faruqi & Faruqi, LLP has filed a class action lawsuit in the United States District Court for the District of Utah, case no. 2:16-cv-00810, on behalf of shareholders of Skullcandy, Inc. ("Skullcandy" or the "Company" (NasdaqGS:SKUL) who held Skullcandy securities and have been harmed by Skullcandy's and its board of directors' (the "Board" alleged violations of Sections 14(d)(4), 14(e), and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act" and of the United States Securities and Exchange Commission ("SEC" Rule 14d-9 in connection with the sale of the Company to Incipio, LLC ("Incipio".
SKUL: 6.32 (-0.01)

Skullcandy Board of Directors Determines Proposal from Mill Road Capital Management is Superior to Incipio Transaction
GlobeNewswire - Fri Jul 29, 7:00AM CDT
Skullcandy, Inc. (NASDAQ:SKUL), which creates world-class audio experiences through its Skullcandy(R) and Astro Gaming(R) brands, announced that, on July 28, 2016, its Board of Directors (the "Skullcandy Board", after consultation with its outside legal counsel and financial advisors, determined that the proposal, dated July 28, 2016, from Mill Road Capital Management LLC ("Mill Road" to acquire Skullcandy for $6.05 per share in cash (the "July 28 Mill Road Proposal" constitutes a "Superior Proposal" as defined in Skullcandy's previously announced definitive merger agreement (the "Incipio Agreement" with Incipio, LLC ("Incipio".
SKUL: 6.32 (-0.01)

Skullcandy(R) Human Potential Lab Partners with Athletigen and Athletic Republic
GlobeNewswire - Thu Jun 16, 7:00AM CDT
Skullcandy, Inc. (NASDAQ:SKUL) today announced partnerships with Athletigen Technologies, leader in athlete genomics and Athletic Republic, the premier destination for individualized performance training. Skullcandy(R) joins the mission to enable discovery of how genetics influences athlete performance with Athletigen, and with Athletic Republic, combines music with performance training programs. Both partnerships accelerate Skullcandy Human Potential Lab's mission to unlock human potential through music.
SKUL: 6.32 (-0.01)

Caterpillar and Newmont Mining rise, while VeriFone plunges
AP - Wed Jun 08, 3:44PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday:
SKUL: 6.32 (-0.01), BF.A: 50.93 (+0.01), FFIV: 123.89 (+0.25), NEM: 40.52 (+1.09), OXM: 71.18 (-1.25), CAT: 81.69 (+0.24), BF.B: 48.12 (+0.21)

Why is Skullcandy (SKUL) Stock Surging Today?
Madeleine Johnson - Zacks Investment Research - Wed Jun 08, 2:53PM CDT
On Wednesday, shares of headphone maker Skullcandy Inc. (SKUL) are surging, up over 16% in afternoon trading after its founder, Rick Alden, has expressed interest in taking the company private.
SKUL: 6.32 (-0.01)

Skullcandy(R) Announces Official Audio Partnership with The Berrics and Launches New Development Program
GlobeNewswire - Tue Jun 07, 3:05PM CDT
Skullcandy, Inc. (NASDAQ:SKUL), the performance and lifestyle audio brand founded at the intersection of music, innovation, creative culture, and action sports is thrilled to announce its partnership as Official Audio Partner of The Berrics, as well as the launch of its new AM program, No Label. The announcements come as part of Skullcandy dedicating the month of June to celebrating the sport of skateboarding.
SKUL: 6.32 (-0.01)

Skullcandy(R) Launches Low-Profile and Stylish Ink'd(R) Wireless
GlobeNewswire - Mon May 23, 7:00AM CDT
#1 Selling Earbud For the Last 3 Years Is Now Bluetooth(TM)
SKUL: 6.32 (-0.01)

Skullcandy's Results Zapped by Trouble in China
Timothy Green, The Motley Fool - Motley Fool - Thu May 05, 8:36AM CDT
Image source: Skullcandy. Headphone company Skullcandy reported its first-quarter results after the market close on May 4. The company managed to grow revenue, but profitability slumped, in part because of significant issues with Skullcandy's...
SKUL: 6.32 (-0.01)

Skullcandy reports 1Q loss
Automated Insights - Wed May 04, 5:46PM CDT
PARK CITY, Utah (AP) _ Skullcandy Inc. (SKUL) on Wednesday reported a loss of $4.9 million in its first quarter.
SKUL: 6.32 (-0.01)



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