Authentic Brands Group Now Owns Reebok Following Adidas Sell-Off
After a long partnership, Adidas has decided to sell Reebok to Authentic Brands Group. Here's what that means for all of the parties involved.
After 15 years, Adidas (OTC:ADDYY) is nixing its partnership with fellow shoe brand Reebok. Authentic Brands Group will be the new owner, and it's taking on the Reebok name for a shrunken valuation.
How much did Adidas sell Reebok off for? What's Authen
