Reuters: Mergers News: Jones Group to control Brian Atwood brand

Reuters: Mergers News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Jones Group to control Brian Atwood brand Jun 4th 2012, 13:28 June 4 | Mon Jun 4, 2012 9:28am EDT June 4 (Reuters) - Jones Group Inc will take control of the Brian Atwood shoe brand for an undisclosed sum as the company seeks to expand its array of high-end shoes. The move deepens the relationship between Jones and Brian Atwood, which together launched the B Brian Atwood shoe collection last year. Under the deal announced on Monday, Jones will form a joint venture with Brian Atwood, which will own the intellectual property rights and existing licenses. Jones will own a majority stake in the joint venture.

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