American Exchange Group to buy sneaker maker Allbirds for $39 million
Published on March 31, 2026.
American Exchange Group (AXNY) has agreed to buy all assets and liabilities of Allbirds for $39 million. Allbirds plans to submit a proxy statement by April 24 seeking shareholder approval. The transaction is expected to close in the second quarter of 2026, with the distribution of the proceeds anticipated in the third quarter.
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