acquisition

It looks like hip-hop heavyweights Jay-Z and Meek Mill are looking to bring back the golden era of sports apparel by becoming owners of the most authentic of them all, Mitchell & Ness.

Thanks to a smart early investment in the sports drink Bodyarmor, the late Kobe Bryant has given his estate a multimillion-dollar monster payday after Coca-Cola recently acquired full ownership of the company in a $5.6 billion cash deal.