Company News

New Investor at Fashion Fair’s Parent Company

JPMorgan Chase's backing to help

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By: TOM BRANNA

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Johnson Publishing Company, Inc., publisher of Ebony and Jet magazines and owner of Fashion Fair Cosmetics, has announced that JPMorgan Chase’s Special Investments Group (SIG) will become an investor in the company. Terms of the investment were not disclosed. Linda Johnson Rice, chairman of Johnson Publishing Company, said, “J. P. Morgan Chase’s investment in our firm is a logical outgrowth of our longstanding relationship. It positions Johnson Publishing for continued growt...

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