American Eagle Outfitters completes $360M acquisition of Quiet Logistics

AMERICAN EAGLE OUTFITTERS INC

Acquired Quiet Logistics for approx. $359.8M cash, closed Dec 29, 2021.
Quiet Logistics operates fulfillment centers in Boston, Chicago, LA, Dallas, St. Louis, Jacksonville.
Quiet will be a wholly-owned AEO subsidiary, running independently.
CEO cites reduced delivery costs and operational efficiencies as key benefits.
Deal previously announced Nov 1, 2021; completion triggers no further adjustments beyond post-closing reconciliation.

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