Aramark's Shares Rise 13.5% Following IPO Rant Sports Parent Closes $3M Round Of VC KKR Withdraws IMG Bid Bornstein, Shapiro Advising Competing Bids For IMG CAA Out Of Hunt For IMG Disney Reports Higher Q4 Earnings Second Round Of Bids For IMG Were Due Thursday Adidas' Q3 Operating Profit, Sales Drop 21st Century Fox Revenues Exceed Forecasts SMI Sees Ticket Sales Decrease In Q3
Aramark's Shares Rise 13.5% Following IPO As Company Eyes Plans To Pay Down Debt12 / 13 / 13
Aramark's shares "rose" Thursday after the concessionaire earned $725M in its IPO, according to the AP. The company "priced 36.25 million shares at $20 per share, the low end of its expected range of $20 to $23." Shares rose $2.70, or 13.5%, to close at $22.70. Aramark "sold 28 million shares and pl...
adidas and company Chair Robert Louis-Dreyfus are profiled by John Tagliabue in the business section of the N.Y. TIMES, under the piece on Nike''s decreasing third quarter earnings. Tagliabue writes t
Nike yesterday reported revenues and earnings for the company''s third quarter ended February 28, 1998. Third quarter net income totaled $73.1M or $0.25 per share compared to $237.1M, or $0.80 per sha
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.
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.
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
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
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
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
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
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