Urban Outfitters (URBN) Reports In-Line EPS and Restaurant Acquisition; FBR Capital Reiterates Market Perform
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URBN to Acquire The Vetri Family of Restaurants
November 16, 2015 8:55 AM ESTPHILADELPHIA, Nov. 16, 2015 (GLOBE NEWSWIRE) -- Urban Outfitters, Inc. (NASDAQ: URBN), a leading lifestyle specialty retail company operating under the Anthropologie, Bhldn, Free People, Terrain and Urban Outfitters brands, announced today it has entered into an agreement to acquire substantially all The Vetri Family group of restaurants including award winning Pizzeria Vetri.
Having known Marc for almost a decade and partnered with him through his charitable foundation, we are honored to have him, Jeff and the Vetri family join the URBN team, said Richard A. Hayne, CEO of Urban Outfitters, Inc. Spending on casual... More
