Seaport gains full control of Fulton Seafood JV from Jean-Georges; new license deals

Seaport Entertainment Group Inc.

Assignors (JG subs) transferred 100% of Fulton Seafood Market LLC interests to Seaport subsidiary.
Seaport becomes sole member of the joint venture; Seaport retains 25% minority interest in JG.
Management Agreement with CCMC (JG sub) terminated; replaced by license agreements for Tin Building and Fulton Restaurant IP.
Seaport subsidiary SEM notified CCMC of termination of certain management agreements effective July 1, 2025.
Restructuring consolidates operational control of food & beverage businesses at Tin Building.

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