Bose to Acquire Skullcandy, Betting on Its Youth Appeal and Budget Pricing
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Bose has agreed to buy Skullcandy, the audio brand known for its skate-culture roots. The company plans to keep Skullcandy headquartered in Park City, Utah. The move reflects Bose's strategy to reach younger and price-sensitive listeners it has struggled to attract. Skullcandy's credibility with skate communities and its lower price points are seen as the key assets. The deal is presented as a logical fit rather than a departure from Bose's core business.
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