Foley Guides Kontoor Brands in Agreement to Sell Lee® Business to Authentic Brands Group

Foley & Lardner LLP is serving as the legal advisor to Kontoor Brands, Inc. (NYSE: KTB) in its sale of the Lee® business to Authentic Brands Group. Under the definitive agreement, Kontoor Brands is selling Lee, one of the most recognizable names in denim, for an initial purchase price of $750 million and an earnout […]