Kris Jenner: The goal is to keep building Kylie's existing beauty business

Kylie Jenner recently sold a controlling stake in her cosmetics startup to Coty. As part of the $600 million deal, Coty will acquire 51% ownership. Together, Jenner and Coty plan to expand the beauty brand globally and branch out to new categories. Kris Jenner, CEO of Jenner Communications, joins "Squawk Box" to discuss.

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