The licensing company will pay $28 million in total consideration for the global rights across all product categories for the Pony brand, excluding China and Taiwan. $16.5 million is payable at closing, with the remaining $11.5 million payable a year later. Symphony Holdings first sold an Iconix joint venture the North American rights in 2015, and that transaction gave the buyer rights to expand global ownership and acquire Pony assets in additional territories. ... Log in to view full article.