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Delta Apparel sells Junk Food Clothing Company

Delta Apparel has confirmed the competition of its sale of vintage-inspired, licensed graphics T-shirt business, Junk Food Clothing Company to JMJD Ventures for 28 million dollars. The asset sale includes 25 million dollars in cash at closing, with promissory note payments due between June 30, 2017, and March 30, 2018, for the remaining amount....

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