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AFL PANTHERS' MERIS HOPES FOR A HOME RUN IN IPO TODAY
Published December 11, 1997
The AFL Orlando Panthers will float an IPO today that
"could more than triple" the value of the owners' interest
in the team, according to Barry Flynn of the ORLANDO
SENTINEL. Through the IPO, underwritten by WI-based First
Midwest Securities, the ownership group headed by AZ-based
William Meris hopes to raise "as much as" $5.6M by selling
40% of Predators Entertainment. Meris' group purchased the
team in February for $2.3M. At the expected offering price
of two shares of common stock and one warrant at $10, the
60% retained by the ownership group after today's IPO would
be worth $8.4M (ORLANDO SENTINEL, 12/11).




