Shares of VF corporation (VFC) were down slightly on Thursday. This comes on news that the company is selling its contemporary brands businesses to Delta Galil Industries (DELTY) . The brands included in the transaction are 7 for All Mankind, Splendid and Ella Moss. VF Corporation says the sale is expected to close in the third quarter of this year. The selling price is $120 million, but is subject to some adjustments.
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