Finish Line completes Man Alive deal

Indianapolis The Finish Line Friday announced that it has closed its transaction with Man Alive Acquisitions, an entity controlled by Jimmy Khezrie, the owner and operator of Jimmy Jazz stores.

Finish Line had previously announced plans to exit the Man Alive business on June 22. At that time, Finish Line CEO Glenn Lyon said in a statement: “This transaction will allow us to exit our unprofitable Man Alive business and focus our time and resources on our successful core Finish Line business and thereby generate enhanced shareholder value. We are confident that MA, through the guidance of Jimmy Jazz an established and growing leader in the urban apparel market, will help Man Alive achieve its true long-term potential.”