Callaway Golf's Q3 Revenue Beats Projections Under Armour's Apparel & Footwear Sales Rise By 29% TPG Takes 53% Majority Stake In CAA Overseas Group Launching Bid To Buy Reebok ISC's Q3 Revenues Jump 11% Oyo Sports Gets $11M Equity Infusion Nike Revenue Up In Q1 Gametime Closes On Venture Capital Round Cox Enterprises Buys Mobile Outfit Experience Wasserman Receives $100M Investment
Upcoming Conferences and Events
FLORIDA PANTHERS HOLDINGS RELEASES ANNUAL REPORT
Published October 15, 1997
FL Panthers Holdings Chair Wayne Huizenga and other investors "have filed to register 18 million shares of stock in the company," according to Cindy Krischer Goodman of the MIAMI HERALD. The registration permits Huizenga and friends "to sell the shares on the open market at any time." Huizenga spokesperson Stan Smith said that Huizenga has "no immediate plans to sell the stock." Huizenga controls 6 million of the 18 million shares. The company reported a net loss of $10M for the year ended in June, compared with a net loss of $25M in '96. The team recorded an increase in ticket revenue of $13.7M and a $1.4M increase in TV and radio advertising. Costs rose $18.7M, "mostly" due to player salaries (MIAMI HERALD, 10/15).