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Genesco sets date for shareholders to vote on Finish Line merger
By Lisa Kerner
Charlotte, N.C., July 27 - Genesco Inc. will hold a special meeting of its shareholders at 11 a.m. ET on Sept. 17. Shareholders of record as of Aug. 6 will be asked to vote on the company's merger agreement with the Finish Line, Inc.
Under the companies' June 18 agreement, Finish Line will acquire Genesco for $54.50 per share in a cash deal valued at about $1.5 billion. The merger of the two specialty retailers is expected to be completed in the fall of 2007.
Genesco's Nashville operations will be maintained and the company will become a subsidiary of Indianapolis-based Finish Line.
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