Iconix Brand Group has obtained a loan of $300 million...

2016-03-14T00:00:00

Iconix Brand Group has obtained a loan of $300 million from the Fortress Investment Group. While it will cost $9 million in annual interest expenses, the five-year loan sent the stock market capitalization by 17 percent for the financially distressed parent company of Umbro and many other brands. The news ...

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