Iconix Brand Group Inc. (ICON)

[Doubleday]

Big news...$ICON

On December 2, 2020, Red Diamond Holdings S.à r.l. (“Red Diamond”), an indirect wholly-owned subsidiary of Iconix Brand Group, Inc. (the “Company”), entered into a share purchase agreement (the “SPA”) to sell all of the equity interests of Lee Cooper China Limited, a wholly-owned subsidiary of Red Diamond (the “Lee Cooper China Sale”), for consideration of $16.0 million.