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PVH sells G.H. Bass to G-III Apparel for 50 million

PVH Corp. announced Thursday the sign off a definitive agreement to sell substantially all of the assets of its G.H. Bass & Co. division to G-III Apparel Group, Ltd. for approximately 50 million dollars in cash. The transaction is expected to close in the beginning of the fiscal fourth quarter 2013 and is subject to certain post-closing...

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