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Nike buys Adidas?????? doubtfull!!

I'm sure that this is PURELY a rumor......

Nikeadidastakeover

Seems that someone leaked information that the mighty sneaker giant NIKE has put in an offer to buy one of the other top 3 sneaker companies, Adidas.

Nike has quickly refuted claims of a takeover bid, but spokespeople for Nike quickly refused to comment any further.

Adidas stock jumped with the rumor.......so who really knows whats the deal. But I'm seriously doubting it.

Adam taylor on March 16, 2008 |

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