OTHER NEWS - Dec. 17, 1992
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From Times Staff and Wire Reports
Reebok to Take $135-Million Charge to Reorganize: Reebok International Ltd., the nation’s second-biggest maker of athletic shoes, said it plans to take an after-tax charge of about $135 million in the fourth quarter to restructure its operations. The four-part plan, announced in Stoughton, Mass., includes selling the company’s Boston Whaler and Ellesse U.S.A. divisions. Reebok will also take a charge to write down the value of its Avia subsidiary.
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