Lancer capital completes tender offer for shares of iconix brand group

New york, aug. 02, 2021 (globe newswire) -- iconix merger sub inc. (“purchaser”), a subsidiary of iconix acquisition llc (“parent”) and an affiliate of lancer capital, llc (“lancer capital”), and iconix brand group inc. (“iconix”) (nasdaq: icon) today announced the successful completion of purchaser's offer to purchase all the outstanding shares of iconix common stock for $3.15 per share, without interest and subject to any applicable withholding taxes, net to the seller in cash. lancer capital intends to complete the acquisition of iconix through a second-step merger.
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