{"id":80091,"date":"2013-06-04T19:22:57","date_gmt":"2013-06-05T02:22:57","guid":{"rendered":"http:\/\/www.stokednews.com\/?p=80091"},"modified":"2013-06-04T19:22:57","modified_gmt":"2013-06-05T02:22:57","slug":"business-news-billabong-sales-talks-end-stock-resume-trading-and-plunges-lower","status":"publish","type":"post","link":"http:\/\/www.stokednews.com\/?p=80091","title":{"rendered":"Business News &#8211; Billabong Sales Talks End; Stock Resume Trading and Plunges Lower"},"content":{"rendered":"<p style=\"text-align: left;\">The Billabong story continues today as the company announced that it has ended talks with Sycamore Partners and Altamont Capital Group to sell the company in its entirety. After re-instating trading of its stock, Billabong saw a 51.65% drop from $0.45 per share to $0.22 per share, as of the time this was published.<\/p>\n<p style=\"text-align: left;\">Layoffs were reported as a result of the cost cutting strategy the company is implementing, and more potential layoffs are anticipated, according to reports.<\/p>\n<p style=\"text-align: left;\">The company is\u00a0\u00a0 &#8230;\u00a0 <a href=\"http:\/\/business.transworld.net\/131803\/features\/billabong-sales-talks-end-stocks-resume-trading-plunge\/?cmpid=enews60413&amp;spPodID=030&amp;spMailingID=17577643&amp;spUserID=NDk2MTg2ODA3MQS2&amp;spJobID=216676609&amp;spReportId=MjE2Njc2NjA5S0\" target=\"_blank\">More<\/a><\/p>\n<p style=\"text-align: left;\"><a href=\"http:\/\/www.stokednews.com\/\">www.stokednews.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Billabong story continues today as the company announced that it has ended talks with Sycamore Partners and Altamont Capital Group to sell the company in its entirety. After re-instating trading of its stock, Billabong saw a 51.65% drop from $0.45 per share to $0.22 per share, as of the time this was published. Layoffs [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[84],"tags":[],"class_list":["post-80091","post","type-post","status-publish","format-standard","hentry","category-action-sports-business-news"],"_links":{"self":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts\/80091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=80091"}],"version-history":[{"count":2,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts\/80091\/revisions"}],"predecessor-version":[{"id":80093,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts\/80091\/revisions\/80093"}],"wp:attachment":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=80091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=80091"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=80091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}