Materiality pending
Public signal · 1-minute delayed
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What happened, with direct paths to the underlying reporting
- HanesBrands to sell Champion business to Authentic Brands for up to $1.5 billion. - Agreement includes $300 million contingent consideration. - HanesBrands stock rose 6.9% post-announcement. Price Impact Rating: Bullish Impact Horizon Rating: Short-term Type: Corporate Developments
- HanesBrands to sell Champion business to Authentic Brands for up to $1.5 billion.
- Agreement includes $300 million contingent consideration.
- HanesBrands stock rose 6.9% post-announcement.
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