Music mogul Sean “Diddy” Combs is seeking to buy the Sean John lifestyle brand he founded more than two decades ago out of bankruptcy for $3.3 million.
Mr. Combs made the offer to reacquire a 90% stake in Sean John from the North American division of Global Brands Group Holding Ltd., according to papers filed Wednesday in the U.S. Bankruptcy Court in Manhattan. GBG USA Inc. filed for bankruptcy over the summer to withstand financial problems caused by the Covid-19 pandemic.
Mr….
