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Home » Edgars share price spikes after IP deal

Edgars share price spikes after IP deal

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SHARES in Edgars Stores (Edgars) gained 56 percent on the Zimbabwe Stock Exchange (ZSE) in January after it acquired the intellectual property (IP) rights to Jet and Edgars trademarks and brands for the territory of Zimbabwe. The company had been operating the brands under a franchise agreement, in which it paid annual franchise fees calculated…

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