BlackRock Inc is taking a stake in Authentic Brands Group LLC in a deal valuing ...
FILE PHOTO: A sign for BlackRock Inc hangs above their building in New York U.S., July 16, 2018. REUTERS/Lucas Jackson/File Photo
- BlackRock Inc is taking a stake in Authentic Brands Group LLC in a deal valuing the U.S.-based entertainment company at more than $4 billion including debt, the Wall Street Journal reports on Sunday citing sources. BlackRock is poised to become the largest shareholder of the company, replacing private-equity firm Leonard Green & Partners as Authentic Brands' largest shareholder, the WSJ
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