He had acquired the shares for $36 to $40.92 a share.
The two acquired their shares for an average of $7.50 each.
They paid more than $34,000 to acquire shares then worth $750,000.
Like everyone else, I have acquired my share of turkeys.
The company plans to acquire the remaining shares it does not own within two months.
Under their bid, it would cost the two companies $1.87 billion to acquire the shares they do not already own.
Using a trust may also be a good way of raising bank finance to acquire the shares.
As of last night, it was unclear whether they would opt to acquire the shares.
He said he had acquired 538,200 shares at an average price of $26.20, or $14.1 million total.
H&M has "the possibility/obligation to acquire the remaining shares in the company within three to five years."