Ennis Closes Multi-Million-Dollar Alstyle Transaction
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Ennis, Midlothian, Texas, recently completed the merger with Alstyle Apparel, a privately held manufacturer of T-shirts and fleece goods based in Anaheim, Calif., —a $242 million deal.
Due to the late close of the merger, only a small part of the financial results of Alstyle will be reflected in the financial statements of Ennis for the third quarter, ended Nov. 30. Ennis will issue its third quarter earnings on Jan. 7, 2005, rather than on Dec. 21.
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