Harley-Davidson to Acquire MV Agusta Group Expanding Presence in Europe.

PR Newswire Europe | July 11, 2008 | Copyright

MILWAUKEE, July 11 /PRNewswire/ --

- Italian Company Known for Premium, High-Performance Motorcycles

Harley-Davidson, Inc. (NYSE: HOG) today announced the signing of a definitive agreement to purchase the Italian motorcycle maker MV Agusta Group (MVAG). Under the agreement, Harley-Davidson will acquire 100 percent of MV Agusta Group shares for total consideration of approximately 70 million euros (US$109 million), which includes the satisfaction of existing bank debt for approximately 45 million euros (US$70 million). In addition, the agreement provides for ...

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