SBD/19/Finance

CFL STAMPEDERS, FEELING TIMES ARE RIGHT, LOOK TO GO PUBLIC

          The CFL Calgary Stampeders will conduct an IPO of C$2.5M
     on the Alberta Stock Exchange, "making them the first
     Canadian-based football club to go public," according to
     Gayle Macdonald of the Toronto GLOBE & MAIL.  The 2.5 million
     common shares will sell for $1.  The prospectus does note --
     "many times and in bold ink -- that these securities are
     'highly speculative' and contain 'a high degree of risk.'" 
     Team Owner Sig Gutsche will receive three million common
     shares and end up with roughly 55% control of the team.  The
     prospectus has been given "tentative approval" by CFL Chair
     and Acting Commissioner John Tory (GLOBE & MAIL, 11/19).

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