- Under a purchase agreement with bankrupt Sequential, which has been the majority owner of the brand, Simpson agreed to pay $65 million as the stalking horse bidder
- Simpson’s company owned a minority stake
- Sequential filed bankruptcy at the end of August, blaming falling revenue from licensing deals and the pandemic, which began last year just as Sequential was gearing up to restructure
- The case is ...
Nov. 4, 2021, 3:54 PM
Jessica Simpson Buys Back Her Brand Name From Bankrupt Owner