Authentic Brands to pay $269 million for majority stake in David Beckham's firm
Authentic Brands buying a majority stake in former soccer player David Beckham's brand-management company, according to a person familiar with the matter.
Lauren Coleman-Lochner
Authentic Brands will pay about $269 million (200 million pounds) for a 55% stake in Beckham's DB Ventures, said the person, who asked to not be identified because the matter isn't public.
The deal will give Authentic Brands revenue from one of the world's most high-profile athletes, who retired from soccer in 2013 and today pitches for brands including…
