Differential Brands Group (DFBG) announced Wednesday morning that it has agreed to acquire the majority of Global Brands Group's North American licensing business for $1.38 billion.
Differential Brands Group gapped open sharply higher this morning and is now up 3.73 at $4.62 on the highest volume of the year. The stock has leaped to a new high for the year.
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Business News
December 26, 2025 08:42 ET Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.