Adidas Aims To Grow Profits By 15% Annually Norman's Company Opens Investment Arm Wilson Purchases Louisville Slugger FIFA Makes Record Revenue Of $2B TLA Worldwide Acquires Elite Sports Properties CFL Selects CBC Sports' Orridge As Commish Mobile Fantasy Company Closes VC Funding Discovery, Liberty Get Formula E Stake SMI's Admission Revenue Down 5% in '14 Adidas Expects "Robust" Sales Growth
Upcoming Conferences and Events
CFL STAMPEDERS, FEELING TIMES ARE RIGHT, LOOK TO GO PUBLIC
Published November 19, 1997
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).