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Crocs, Inc. Closes Series A Financial Partnership With Blackstone and Reconstituted Board

Crocs, Inc. recently announced closing an investment from a Series A fund affiliated with Blackstone to purchase $200 million of newly issued “Preferred Stock.” The casual footwear company plans to use the proceeds from the Preferred Stock to fund the $350 million stock repurchase authorization approved by the company’s board and directors.  Crocs Inc. also …

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