Ecko: Nautica pulled acquisition deal due to board concerns about mission creep
Marc Ecko · ECKO UNLTD and COMPLEX: Marc Ecko · Jun 3, 2024 · at 55:13
Marc Ecko recounts how a potential late-1990s acquisition of Ecko Unltd by Nautica fell apart at the one-yard line.
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“And our friends at Nautica were, We got to know the CEO at the time. He loved us. He thought we were great. And then as we get to the one yard line to do the deal, he's like, my board won't approve it. It's mission creep for us. We can't afford to do this right now. You know, we just newly public. He got scared and pulled the deal.”
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