Iconix Brand Group has announced the completion of its acquisition of...

2012-12-10T00:00:00

Iconix Brand Group has announced the completion of its acquisition of Umbro and the related intellectual property assets from Nike for $225 million in cash. Iconix funded the takeover through a previously announced $600 million securized financing facility. Umbro took its name from Humphrey Brothers Clothing, a company founded in 1924 by two ...

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