By and  on January 14, 2013

Shares of VF Corp. rose 3.3 percent after the company disclosed that it and Altamont Capital Partners are interested in acquiring Billabong International Ltd. for 1.10 Australian dollars, or $1.16, a share.

The two said Monday they’ve submitted a nonbinding, joint letter of interest. VF said its primary interest is in the Billabong brand, while Atlamont’s interest is in Billabong’s “other brands and related assets.”

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