rather rapbasement.com ..... my bad

Here's what the page says

"Russell Simmons has sold Phat Fashions, into a partnership with clothing company, Kellwood.

Under the terms of the deal, Phat Fashions becomes a subsidary of Kellwood.

Simmons received $140 million dollars in cash and will continue to manage the company on a day-to-day basis, while Simmons' wife, Kimora Lee, will continue as principle creative aribiter at Baby Phat. "

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