Authentic Brands Buys Sports Illustrated To Build Licensing Empire
PYMNTS
MAY 28, 2019
To reportedly build a licensing empire with the Sports Illustrated name, Authentic Brands Group LLC has agreed to buy the storied magazine from Meredith Corp. The move comes over a year after it was put on the block and Meredith will still manage its website and publish its print magazine, The Wall Street Journal reported.
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