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Gildin's HanesBrands Integration in Focus as Major Holder Sells 137,548 Shares: https://cdn.content.foolcdn.com/images/1umn9qeh/production/782b0b9f4f412d891de6f8f7670abc6b1a621e10-1401x1251.png?w=1401&h=1251
Gildin's HanesBrands Integration in Focus as Major Holder Sells 137,548 Shares

Connecticut-based Ararat Capital Management cut its stake in Gildan Activewear (NYSE:GIL) by 137,548 shares in the third quarter, reducing its position by approximately $4.9 million, according to a

This Fund Sold $49.5 Million of Gildan as the Apparel Maker Pursues $2.2 Billion HanesBrands Merger: https://cdn.content.foolcdn.com/images/1umn9qeh/production/1a599f395be31e2f508c3aa7decb988f9ce983b7-1401x1251.png?w=1401&h=1251
This Fund Sold $49.5 Million of Gildan as the Apparel Maker Pursues $2.2 Billion HanesBrands Merger

On November 14, Connecticut-based Coliseum Capital Management fully exited its position in Gildan Activewear (NYSE:GIL), reducing exposure by $49.5 million, according to a new SEC filing.

According

Why Hanesbrands Rocketed Higher Today
Why Hanesbrands Rocketed Higher Today

Shares of Hanesbrands (NYSE: HBI) rocketed higher on Tuesday, appreciating 27.5% as of 3:02 p.m. ET.

One doesn't normally associate an underwear manufacturer with those types of one-day gains, and