Current Events: Billabong is Officially Purchased

In Huntington Beach, California, the purchase of Billabong was officially revealed. Billabong is a surf company and surf clothing retailer. The company headquarters, is located in the Country of Australia. The purchase, or acquisition, was completed by Boardriders, Inc. For Boardriders, this latest acquisition completes a conquest of the action sports clothing businesses. Dave Tanner is the Chief Executive Officer at Boardriders, Inc. Through a press statement, Mr. Tanner said the following. “Today marks the beginning of what will be a turning point for our industry. With the combi