The Finish Line says Genesco breached merger agreement
Mall-based specialty retailer The Finish Line, Inc. (Nasdaq: FINL) said this morning that Genesco Inc. (NYSE: GCO), the branded footwear retailer Finish Line is attempting to acquire and with whom it is currently locked in litigation with, breached the merger agreement between the two parties.
The Finish Line said it asked Genesco for certain financial and other information as well as access to Genesco's chief financial officer and financial staff, but that Genesco has not responded and has refused to comply with its requests.
Shares of the Finish Line (FINL) were halted in pre-market trading.
