Bruin Sports Buys Video Streaming Firm Nike's North American Profits Take Dip Titleist Owner Acushnet Files For IPO Sources: DraftKings, FanDuel In Talks For Merger WME-IMG Expanding Its Chinese Business WinView Brings In $3.4M In Funding Round Under Armour To Lose $120M In Sales Acushnet Reportedly Prepping For IPO MP & Silva Sells Controlling Stake Judge OKs Sports Authority Sales Plan
SCORE BOARD TO LIQUIDATE ASSETS TO PAY CREDITORS
Published May 15, 1998
NJ-based memorabilia company Score Board Inc. plans to liquidate its assets to pay creditors, according to a WALL STREET JOURNAL report. The company, which has been operating under Chapter 11 bankruptcy protection, said it expects to be delisted by the NASDAQ "because it can't meet minimum requirements for listing." The company also plans to sell its inventory and its intellectual property, trade fixtures and "certain other assets" in about a month. Score Board President John White resigned and was succeeded by F. Duffield Meyercord (WALL STREET JOURNAL, 5/15).