Why did Nike buy Converse?

Related questions

1. Are Jordans still made by Nike?
2. Does Nike Own Converse?
3. Why did the NBA ban the Air Jordan 1?
4. How do you clean stinky Converse?
5. Do any Vans shoes have arch support?
6. How do I whiten my leather Converse?
7. What is better Nike or Adidas?
8. Are Converse running shoes?
9. Do CDG Converse run small?
10. Are Jordans owned by Nike?

Tags

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7. #significance
8. #lowest
9. #monetary
10. #cultural
11. #converse
12. #outweighs
13. #value
14. #acquire
15. #million