Corporate Information
Quiksilver purchased Skis Rossignol for $560 million in 2005, but sold Rossignol on November 12, 2008 for 30 million euros ($37.5 million) in cash and a 10 million euro note ($12.5 million). It owned golf-equipment maker Cleveland Golf up until October 31, 2007, when it sold the company to a Japanese sporting goods company. In 2009 Moody's included Quiksilver on its Bottom Rung list of companies most likely to default on its debt. Quiksilver also owns DC Shoes, a skateboard shoe brand.
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