Digital Brands Group (DBGI) to Acquire Sundry
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DBGI Announces Definitive Agreement to Acquire Sundry
January 20, 2022 8:30 AM ESTAUSTIN, Texas, Jan. 20, 2022 /PRNewswire/ -- Digital Brands Group, Inc. ("we", "us" or the "Company") (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, today announces that it has signed a definitive merger agreement to acquire Sundry, a privately-owned global lifestyle apparel brand. The transaction is expected to be completed late in the first half of 2022, subject to customary closing conditions and financing.
Sundry Acquisition Highlights:
This acquisition is expected to immediately create... More