Music Mogul Sean “Diddy” Combs placed a $3.3 million bid to buy fashion and lifestyle brand, Sean John, out of bankruptcy from Global Brands Group, a bankrupt brand management firm.
Diddy founded the the fashion and lifestyle brand in 1998 selling the majority stake to Global Brands Group in 2016. The company has now filed chapter 11 bankruptcy and Diddy wants to save his namesake brand after suing the company for using his likeness without his permission.
Other potential buyers may submit bids up until December 15th.
