Phillips-Van Heusen To Acquire Tommy Hilfiger For $3 Billion

Phillips-Van Heusen To Acquire Tommy Hilfiger For $3 Billion
NEW YORK - MARCH 15: A person holding a red umbrella walks past a Tommy Hilfiger clothing store in Manhattan March 15, 2010 in New York City. Phillips-Van Heusen Corp announced it will purchase clothing making Tommy Hilfiger for around $3.0 billion. (Photo by Mario Tama/Getty Images)