VF Corp Cleans Out Closet, Wrangler And Lee Become Kontoor Brands With May 22nd Spinoff | Value Investing News

VF Corp Cleans Out Closet, Wrangler And Lee Become Kontoor Brands With May 22nd Spinoff

  • Until this week, VF Corporation’s (VFC) upcoming Kontoor Brand’s spinoff only had the vague timetable of ‘sometime in May’.
  • Finally, we have some closure and some concrete details on the jeanswear company’s upcoming independence.
  • The board of directors has now formally approved the spinoff which will take place after the close on May 22nd with shareholders expected to… Read More »
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