Bloomberg

Jessica Simpson to Buy Her Name From Bankruptcy for $65 Million

(Bloomberg) — Jessica Simpson’s family offered to buy the singer-turned-fashion entrepreneur’s brand out of bankruptcy for $65 million, a lawyer said in court Wednesday.Sequential Brands Group Inc., which owns the rights to the Jessica Simpson fashion collection, filed bankruptcy Tuesday with plans to hold an auction for its aging brands.The day before the company sought court protection from creditors, Sequential made a tentative deal with the Simpson family, company attorney Joshua Brody told

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