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Genesco Inc completes sale of Lids Sports Group to FanzzLids Holdings

Nashville-based retailer Genesco has completed the sale of Lids Sports Group to FanzzLids Holdings for 101 million US dollars, following a definitive agreement announced in December. “The sale is still subject to working capital and other adjustments and does not include a tax benefit estimated a 30 million US dollars”, said Genesco in a...

Feb 5, 2019