Phoenix Footwear Announces Final Phase of Its Revitalization Plan and Provides 2008 Outlook
Phoenix Footwear Group, Inc. (Amex: PXG), announced today that it has sold its Altama military footwear division to Tactical Holdings, Inc. which is the owner of Wellco Enterprises. Tactical Holdings is a portfolio company of Golden Gate Capital, a San Francisco-based private equity investment firm. Concurrent with the closing, Phoenix Footwear also entered into a short-term transition services agreement with Tactical Holdings.
Original post by no@spam.com (Maxamillion Blick)