Jan. 4 (Bloomberg) -- Chris Burch, the former husband of fashion designer Tory Burch, sold about half of his 28.3 percent stake in New York-based retailer Tory Burch Dec. 31, settling a year-old legal dispute between the couple, according to two people familiar with the transaction. Bloomberg Billionaires Editor Peter Newcomb reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)

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