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Prosecutors, Defense Attorneys In Talks To End Ecclestone Trial

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Prosecutors and attorneys for  Bernie Ecclestone are "in talks about a possible deal to end" the F1 CEO's bribery trial in Germany. His defense team today called for "proceedings to be closed, citing a lack of evidence that Ecclestone was criminally responsible and asserting that the proc...

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08/12/98
THE WORLD ACCORDING TO GART: TSA DISMISSES BID, EYES VENATOR

The Sports Authority (TSA) yesterday rejected Gart Sports'' bid to buy a 70% stake in the sporting goods chain, according to Penny Parker of the DENVER POST, who writes that Gart''s $20 per share bid

Tags: Finance, Foot Locker/Venator Group, The Sports Authority

08/12/98
MORE WOES ON WALL STREET AS ASIAN TROUBLES WORSEN

Stocks "buckled Tuesday as investors grew increasingly fearful that sickly Asian economies would drive down corporate earnings at U.S. companies in the second half of the year," according to Gretchen

Tags: ABC, Finance, NBC, Time Warner, Walt Disney

08/07/98
THOMAS TOURS WALL STREET: BIG HURT TAKES CUT AT ATHLETE BOND

White Sox DH Frank Thomas is negotiating with NY-based securities firm SPP Hambro & Co. for a sale of $20M of nine- year bonds which "will give him a large lump of untaxed money immediately, while red

Tags: Chicago White Sox, Finance

08/05/98
LOUIS-DREYFUS MAKES CHANGES IN ADIDAS-SALOMON REORGANIZATION

adidas-Salomon has reorganized its top management after "unexpectedly large losses" in its skiing and golf equipment business, according to Bowley & Owen of the FINANCIAL TIMES. The losses "were cause

Tags: Finance, Washington Nationals

08/04/98
THE GART OF DEAL-MAKING: IS VENATOR'S TSA BID FADING?

As of now, it looks as if Gart Sports "has the upper hand" in the bidding for The Sports Authority, as Venator Group''s stock drop "is depressing the value of its all-stock offer," according to David

Tags: Finance, Foot Locker/Venator Group, The Sports Authority

08/04/98
FINANCE NOTES

Evenflo & Spalding Holdings Corp. is splitting the company to divide Evenflo''s child products from Spalding Sports and its Top-Flite golf balls and Etonic running shoes. Two shareholders, Kohlberg Kr

Tags: Finance, Int'l Speedway Corp., Russell Athletic

07/31/98
FINANCE NOTES

Starter said Thursday that "it is cautious about the second half of 1998 due to uncertainty" from the NBA lockout on its licensed product business. In the second quarter of ''98 ended June 30, Starter

Tags: Finance, NBA, Puma

07/31/98
SHARK ON THE HUNT FOR LAND-GRAB ON THE CHEAP IN ASIA

Greg Norman is "looking for bargains amid Asia''s distressed assets" and "hopes to cash in on a crisis gripping the region''s greens," according to S. Karene Witcher of the WALL STREET JOURNAL. Macqua

Tags: Finance

07/30/98
NO TEE TIME ON THE LYNX: COMPANY FILES FOR BANKRUPTCY

CA-based Lynx Golf "has filed a petition for voluntary bankruptcy, laid off nearly half of its work force and is working with a creditor in an effort to survive," according to Michael Kinsman of the S

Tags: Finance, Minnesota Lynx

07/30/98
AMERICAN SKIING STOCK DOWNGRADED IN PART DUE TO CONDO SALES

American Skiing Co. (ASC) dropped 2 7/16 per share on Wednesday, as Morgan Stanley brokerage "downgraded the stock from outperform to neutral." The stock closed at 9 7/8 ("Nightly Business Report," PB

Tags: American Skiing Co., Finance, Marriott

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