Shamrock Looking To Sell Stake Of Learfield Learfield Sports Reportedly Up For Sale Van Wagner Sports Invests In CineSport Puma Reports Decline In Q1 Earnings ESPN Helps Boost Disney's Q2 Income IMG Reportedly Rejected $2B Bid SMI Reports Loss Of $1.3M For Q1 Callaway Golf Sees $42M Q1 Profit UA Exceeds Q1 Earning Expectations IMG Golf Acquires IGP S&E
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Shamrock Capital Looking To Sell Majority Stake Of Learfield 19 Months After Acquisition06 / 14 / 13Shamrock Capital Advisors, an L.A.-based private equity firm that owns the majority of Learfield, is looking to flip the college sports media and marketing agency. Shamrock acquired close to 80% of Learfield for $80M in December '11 and has begun the process of selling it after nearly 19 months of o... Tags: Finance |
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FINANCE NOTES
The Marquee Group announced financial results for the year ended December 31, 1997, its first complete year as a public company. For the year, revenues were $21.3M versus $2.9M for the previous year.
Tags: Finance
OUTBACK SPORTS LTD. SAYS G'DAY TO NEW HIGH-LEVEL MATES
FL-based Outback Sports Ltd. (OSL), a new limited partnership formed by Outback Steakhouses, announced that Scott Letellier and Ross Berlin have joined the company as President and CEO, respectively.
Tags: Finance
CART WHEELS ITS WAY ONTO THE EXCHANGE, STOCK PRICE RISES 24%
In its first day of trading on the New York Stock Exchange, the price of CART stock "rose more than" 24% yesterday, according to Bill Koenig of INDIANAPOLIS STAR- NEWS. CART issued 4.7 million shares
Tags: Champ Car World Series, DaimlerChrysler, Finance, Time Warner, Toyota
CART SET TO GO PUBLIC TODAY WITH SHARES PRICED AT $16
CART Inc. will begin public trading today under the symbol "OPW" when 4.7 million shares are offered in an IPO. Shares were priced at $16. CART said it plans to use the net proceeds from the IPO, expe
Tags: Champ Car World Series, Finance
GOOD NEWS FOR ADIDAS: RECORD SALES, DOUBLE-DIGIT GROWTH
adidas-Salomon AG reported record sales of $3.7B for ''97, and its "first-ever" double-digit earnings per share, according to Reuters. Earnings per share rose from $3.82 to $5.65. The company said tha
Tags: Finance, Washington Nationals
IMG, CHASE CAPITAL LINK UP FOR NEW INVESTMENT VENTURE
IMG and Chase Capital Partners have formed a private equity venture to invest in the sports industry. The new fund, called IMG/Chase Sports Capital and headquartered in New York City, has targeted $20
SEEING GREEN: HIGH TIMES FOR SNOWBOARDING AT RETAIL
Despite slipping retail sales in snow-sports products nationwide last year, "it was snowboarding that heated up sales, while ski sales ... chilled," according to Penny Parker of the DENVER POST. Gart
Tags: Finance, Washington Nationals
ARNOLD PALMER SETS HIS SIGHTS ON BRANDED GOLF COURSES
Arnold Palmer has teamed up with venture capitalist Peter Nanula and the Hicks-Muse real estate opportunity to fund a $200M real estate investment trust (REIT) comprising of more than 20 golf courses
AFTER EARNINGS REPORTS, ANALYSTS CUT CALLAWAY GOLF RATING
After announcing an expected shortfall in its first quarter earnings, Callaway Golf shares "were clubbed" Monday, falling 3 9/16 to $28.75. In its estimates, Callaway cited El Nino and the "economic t
Tags: Callaway Golf, Finance
CAN NIKE KEEP LONG-TERM GROWTH PROSPECTS ON SCHEDULE?
The value of Nike''s stock was examined by PBS''s Darren Gersh on "Nightly Business Report." Gersh: "The advertising is gritty, determined, heroic. It''s the essence of the Nike brand, a brand that so
