Friday, August 31, 2007

Finish Line May Renegotiate Sales Price Of Genesco

Analysts speculated that Finish Line Inc. (FINL) will be unable to pull out of its agreement to purchase Genesco Inc. (GCO) and will most likely attempt to negotiate a lower purchase price. Shares of Finish Line fell 34 cents to close at $5.64 while Genesco stock rose 94 cents to close at $45.89.

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