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Champion sportswear sold in deal worth up to $1.5 billion
By Nathaniel Meyersohn, CNN New York (CNN) — Champion, the more than century-old sportswear brand, has a new owner. Hanes has been under pressure from activist investors to cut costs. Known for its underwear brands and basic clothing lines, Hanes is getting back to its roots. Hanesbrands announced Wednesday that it will sell Champion to
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