Bryant Hopes Appeal In Asia Helps New Fund BAM Tech Buys Stake In Silver Chalice Kobe Launches $100M Tech Fund Performance Sports Group Losing Value Analysts Pleased With Disney-BAM Tech Deal Adidas Continuing To Show Sales Growth SMI Takes Revenue Hit In Q2 Report Under Armour Grabs New Manhattan Space Analytics Company Catapult Buys XOS Digtial TSN Profits For FY '15 Only Down Slightly
AMF BOWLING ROLLS A STRIKE ON NYSE UNDER PIN
Published November 5, 1997
VA-based AMF Bowling debuted on the NYSE yesterday under the symbol PIN, and finished up 11.5% for the day, according to Bob Rayner of the RICHMOND TIMES-DISPATCH. AMF opened at $19.50 per share but closed up $2.25 at $21.75. AMF President & CEO Doug Stanard said the company raised about $300M from the IPO after expenses. Standard: "This will allow us to pay down debt and continue to fund our bowling center acquisitions" (RICHMOND TIMES-DISPATCH, 11/5). CNN's Lou Dobbs reported that AMF raised $263M "on its big board debut" ("Moneyline," CNN, 11/4).