Brooks Brothers poised to be acquired by Authentic Brands-Simon venture
August 11, 2020 at 07:42 AM EDT
Brand-licensing company WHP Global Inc. has bowed out of the race for Brooks Brothers Inc., according to people familiar with the matter, leaving a venture backed by apparel-licensing firm Authentic Brands Group LLC and mall owner Simon Property Group Inc. poised to take control of the bankrupt retailer.
