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Najafi Companies Sells Direct Brands

Posted at 8:02AM Thursday 07 Feb 2013

Four-and-half years after acquiring Bookspan and Columbia House from Bertelsmann, the Najafi Companies has sold its majority interest in those businesses' parent company, Direct Brands, to Pride Tree Holdings. In its announcement, Najafi Cos. said the deal was done in the fourth quarter of 2012.


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