Authentic Brands Files for IPO Taking Forever 21 Owner Public
- Bloomberg reported company could be worth about $10 billion
- Owns more than 30 apparel, celebrity and sports brands
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Authentic Brands Group Inc., the owner of brands including Marilyn Monroe, Forever 21 and Brooks Brothers, has filed to list its shares on the New York Stock Exchange.
A prospectus filed Tuesday gives a listing size of $100 million, but that’s a placeholder amount likely to change. Bloomberg News has reported that the New York-based company could be worth about $10 billion in an initial public offering.