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Authentic Brands Survives Surge of Last-Minute Bids to Buy Barneys

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Authentic Brands Group withstood a flurry of last-minute scrambling by rivals who failed to come up with a winning bid to buy embattled luxury retailer Barneys. Jamie Salter, ABG CEO, confirmed Thursday that the company had won the bidding for Barneys, and that Monday’s auction has been canceled. The $271.4 million deal is subject to approval…

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