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Tumi gets zipped up in Samsonite’s tummy for $1.8bn
Samsonite Market Cap: $24.43bn (as of 12/03/2016) Tumi Market Cap: $1.83bn (as of 12/03/2016) Introduction Last week, the world’s biggest luggage company, Samsonite, zipped up a deal to acquire luxury rival Tumi for around $1.8bn. This acquisition will be the largest one for Samsonite since its IPO in 2011. After Read more…