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Fanatics to buy Mitchell & Ness: NYT

Fanatics has agreed to buy Mitchell & Ness, a fellow sports merchandiser, from Juggernaut Capital Partners, reported the New York Times.

Fanatics has agreed to buy Mitchell & Ness, a fellow sports merchandiser, from Juggernaut Capital Partners, reported the New York Times. The news outlet noted that the deal puts Mitchell & Ness at a valuation of about $250 million. Fanatics’ backers include Fidelity Investments and Silver Lake.

Source: NYT