Crocs CEO Andrew Rees has taken to defending the $2.5 billion Hey Dude acquisition this week as Crocs shares tumbled. The company recently announced a multibillion-dollar deal on Thursday to buy the privately held casual shoemaker Hey Dude in a cash-and-stock deal. Founded in Italy in 2008, Hey Dude does more than 40% of its … Continue reading “Crocs Shares Fall After Wall Street Learns About Company’s Latest Acquisition”
