1. Crocs Nets $200 Million Investment From Blackstone, Announces Stock Repurchase Program

    Crocs Nets $200 Million Investment From Blackstone, Announces Stock Repurchase Program

    The company known for its lightweight shoes just got a heavy-duty investment from a leading investment firm: announced late Sunday night that it has entered into a partnership with Blackstone, who will purchase $200 million of Crocs convertible preferred stock. As a result of this investment, Crocs stock is surging in early market activity Monday morning...

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