PARIS — Inter Parfums SA stock tumbled 6.1 percent Tuesday, following news that Burberry had exercised its option to buy out the license rights for its fragrance and beauty products...
July 17, 2012
Burberry Exiting Inter Parfums License
The buyout price is 181 million euros, or $222.6 million at current exchange, exclusive of receivables, inventories and other tangible assets.
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