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Gildan Activewear Acquires Alstyle Apparel

Gildan Activewear, Montreal, Quebec, announced yesterday that it had signed a definitive agreement to acquire 100 percent of the equity interest in Alstyle Apparel and its subsidiaries, which constitute the apparel division of Midlothian, Texas-based Ennis Inc., for a total cash purchase price of $110 million. Alstyle Apparel manufactures and markets activewear products, such as T-shirts and…

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