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Authentic Brands Group to Acquire Nautica Brand From VF Corp.

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Authentic Brands Group’s (ABG) cadre of managed brands expanded Monday, with the acquisition of the Nautica business from VF Corp. ABG, owner of a global portfolio of entertainment and lifestyle brands, signed a definitive agreement to purchase Nautica from VF Corp., and said the transaction will mark a major milestone, completing its largest brand acquisition and propelling its…

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