Tuesday, December 29, 2020

Master P in Talks to Acquire Reebok

Serial entrepreneur Percy 'Master P' Miller partners with retired NBA player Baron Davis to purchse the sneaker brand Reebok...
  From Forbes
Reebok may be getting a new owner, as its German sportswear parent company Adidas looks to offload the household name brand. Once a cultural icon of epic proportions, Reebok has struggled in recent years to gain a foothold with today’s trendsetters and tastemakers. This could be changing as new buyers including a business dream team of hip-hop business mogul, Percy “Master P” Miller and former NBA All-Star Baron Davis are looking to acquire the company, which could garner an asking price of around $2.4 billion.