"The oldest rumor in the industry came to fruition in the early hours of the morning as news hit the wire that Volcom, Inc. has reached an agreement with Electric Visual to acquire the brand for $25.25 Million in cash upon closing of the deal.
Electric shareholders will also be eligible to earn up to $21 Million over the next three years if they hit certain goals. It’s no wonder the Electric guys were having such a good time at Surf Expo this year! Congrats fellas"
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