Fgx Buys N.Y.-Based Corinne Mccormack

FGX International has bought Corinne McCormack (CMI) for $1.45 million in cash. FGX's chief executive, Alec Taylor, said the acquisition would help FGX penetrate the higher-end channels, and that his company could help CMI expand in the market for designer reading glasses. The purchase also includes a related e-commerce company, ...

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