IMG to Acquire Collegiate Licensing Company @ SYS-CON Media

http://www.sys-con.com/read/369068.htm: "IMG, the world's premier sports, entertainment and media company, today announced the acquisition of Collegiate Licensing Company (CLC), the largest collegiate trademark licensing agency in the United States. Terms of the agreement were not disclosed.

Atlanta-based CLC is a full-service licensing and marketing company that assists collegiate institutions with a wide array of licensing and administration services, helping to protect, develop and manage their brands in the $3 billion collegiate merchandise marketplace.

Under the agreement, CLC will operate as a freestanding unit within IMG's Sports and Entertainment Group, overseen by IMG Sports and Entertainment Group President, George Pyne. CLC founder and Chairman, Bill Battle, will continue to lead the company he founded, alongside Pat Battle, CLC's President and CEO. CLC will remain headquartered in Atlanta. "