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 NextVR Draws $20M From Chinese Investor Int'l Speedway Corp. Lowers '16 Expectations Source: Disney Buying 33% BAM Tech Stake Bruin Sports Buys Video Streaming Firm Nike's North American Profits Take Dip Titleist Owner Acushnet Files For IPO
TSN TEASES WITH THE NOTION OF FLOATING AN IPO
Published December 12, 1997
NetStar Communications, owner of Canada's TSN, "is considering turning itself into a publicly listed company, with an initial public offering of up to" C$100M, according to Gayle Macdonald of the Toronto GLOBE & MAIL. TSN Founder & NetStar CEO Gordon Craig: "At this point, we're looking at the whole issue quite seriously to see if it's the right time to do an IPO." Craig said the company would use proceeds of an IPO "to buy specialty-channel properties," but he would not elaborate on what assets his two-year-old company might be interested in (GLOBE & MAIL, 12/12).