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Macaulay announces Completion of garment and accessories business stripping work

Source: Internet
Author: User
Keywords Garments accessories announced that Lin announced
Tags business check company market view
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Summary: Check the latest quotes Beijing time September 19 Morning News, Macaulay (Nasdaq:mcox) announced today that the company has completed the previous announcement of the wheat and clothing and accessories business stripping work. Mecoxlane said that according to the August 8, 2014 share Purchase agreement to view the latest market

Beijing time September 19 Morning News, Macaulay (Nasdaq:mcox) announced today that the company has completed the previous announcement of the Macquarie clothing and accessories business stripping work.

Mecoxlane said that under the August 8, 2014 share purchase agreement, Macaulay has completed the stripping of apparel and accessories business by selling Mixblu and its subsidiaries to the fast Fashion, a former CEO holding. This divestiture adjustment is priced at about 6.1 million dollars. At the same time, Macaulay has provided the Securities and Exchange Commission (SEC) with the relevant financial information prepared. Investors can login to the company's investor relations website http://ir.mecoxlane.com for more information. (Lin)


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