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Iconix Brand sells Peanuts and Strawberry Shortcake brands

Iconix Brand Group has entered into a definitive agreement to sell its interest in the Peanuts and Strawberry Shortcake brands to DHX Media for 345 million dollars in cash, subject to a customary working capital adjustment. Commenting on the announcement, John Haugh, Chief Executive Officer of Iconix, said, "One of our strategic objectives has...

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