Apparel and accessories manufacturer, Jaclyn Inc, announced on Tuesday it has signed a letter of intent to acquire Topsville Inc, a New York-based maker and distributor of private-label children's clothing. The company said in a statement it expects the deal to add about $35 million in revenue during the first year after completion. The acquisition, which is subject to a definitive agreement and other conditions, is expected to close in early January.
USA: Jaclyn Bids For Children's Clothing Firm Topsville
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