I don't know much about the sale of Allen-Edmonds to a private equity firm. I do have two reactions.
1. Stollenwerk will do good things with the money.
2. Private equity firms nowdays seem to have more money than sense. I don't know, but I'm thinking that, if they paid 100 million, it was too much. I wonder if they aren't going to be under pressure eventually to cut costs and raise margin? Perhaps you want to get that new pair of shoes now.