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Court Approves Sale of HMX Group to Authentic Brands

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The sale of men's suit maker HMX Group for $70.1 million to Authentic Brands Group , which is owned by private equity firm Leonard Green & Partners LP , received bankruptcy court approval on Wednesday, Dow Jones DBR Small Cap reported today. The deal is expected to close Friday, according to Leonard, Street and Deinard's Robert Kugler, who represents the committee of unsecured creditors in the case.