Featured Story

The Concessionaire Up There: Sodexo Acquires Centerplate From Olympus For $675M

Published in SportsBusiness Daily on 11 / 15 / 17

Sodexo today announced it has acquired Centerplate for $675M from Olympus Partners, resulting in a merger of two long-standing sports concessionaires. Centerplate President & CEO Chris Verros will lead the combined business in the U.S. For Paris-based Sodexo, the deal boosts its sports portfolio...

Read More

Tags: Finance, Centerplate

More Stories

12/10/99
FOGDOG ENJOYS SOLID DAY IN DEBUT ON THE NASDAQ

Online sporting-goods retailer Fogdog "made a strong debut" on Wall Street yesterday, according to the WALL STREET JOURNAL. Shares of Fogdog opened at $19, above its $11 per share pricing. Shares hit

Tags: Finance

12/10/99
FINANCE NOTES

BLOOMBERG reports that The North Face said it will move its headquarters to San Leandro, CA, from Carbondale, CO, and take a $3.5M charge as the outerwear and camping-gear maker "struggles to cut cost

Tags: Finance, NCAA

12/10/99
NICKLAUS SELLS PRODUCTION COMPANY TO GAYLORD ENTERTAINMENT

Jack Nicklaus has "sold his majority interest" in Jack Nicklaus Productions to Gaylord Entertainment Co., owner of the Opryland Hotel and Cornerstone Sports, according to the HOLLYWOOD REPORTER. Finan

Tags: ABC, CBS, ESPN, Finance, Viacom, Walt Disney

12/09/99
FOGDOG.COM OPENS STRONG ON THE NASDAQ THIS MORNING

Clarifying yesterday''s report on Fogdog, the online sports retailer began trading today on the NASDAQ (FOGD). The IPO was $11 a share, and shares opened up 8 at 19. At press time, shares were trading

Tags: Finance

12/09/99
VAIL RESORTS SEES REVENUE GROWTH, BUT $22.4M LOSS IN PERIOD

Strong non-winter business "helped push up" Vail Resorts'' revenue by 35.6%, to $65.8M in the first quarter of FY 2000, but the company reported a $22.4M loss for the period due to the "seasonal fluct

Tags: Finance

12/08/99
FOGDOG HITS THE MARKET TODAY; HARRIS BRINGS IN $116M IN IPO

Fogdog began trading this morning on the NYSE. The FINANCIAL TIMES'' Tim Jackson previewed the IPO and wrote that while SEC statements "appear to show" that the company''s margins are "shrinking fast,

Tags: Cablevision, Finance, Formula One, Harris Interactive, New York Knicks, USOC

12/06/99
TULTEX LAYS OFF 2,600 WORKERS IN VA, NC AND JAMAICA

VA-based Tultex, maker of Discus Athletic & Track Gear athletic apparel, "filed for bankruptcy protection Friday and laid off 2,600 workers as it closed six plants," according to Stella Hopkins of the

Tags: Finance, NASCAR

12/06/99
SPORTS.COM ANNOUNCES NEW ROUND OF FINANCING SEEKING $49M

Sports.com Limited, the majority-owned subsidiary of SportsLine.com and a provider of online sports content in Europe, plans to raise $49M in a second round of financing by issuing preferred stock, ac

Tags: CBS, Finance, IMG, Viacom

12/03/99
SFX HIT ON WALL STREET; ACTION PERFORMANCE'S MYSTERY MOVE

Shares of SFX Entertainment "tanked yesterday," according to Lisa Brownlee of the N.Y. POST, who reports that shares dropped $6.44, or almost 19%, to close at $27.50 after Goldman Sachs analyst Rich G

Tags: Finance

12/01/99
ADIDAS LAYS OFF 50 EMPLOYEES, MOSTLY IN PORTLAND AREA

OR-based adidas "laid off about" 50 employees, "just less than" 3% of its "national work force," according to Andy Dworkin of the Portland OREGONIAN, who writes that "most of the job cuts came from" t

Tags: Finance, Washington Nationals

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug