USA: Garan Shareholders To Vote On Berkshire Bid
Shareholders of apparel manufacturer and leading children's clothing producer Garan Inc will decide next month whether or not to back its acquisition by Berkshire Hathaway Inc for more than $273 million. The company, famous for its Garanimals brand, will learn at a meeting in New York on September 4 if its shareholders are in favour of a deal which will see it will see it become a unit of Berkshire but remain based in the Big Apple.