Chime Sold To WPP, Providence Equity Callaway Golf Reports Mixed Q2 Results CDI Reports Record Quarterly Revenue Providence Equity, WPP Eye $547M Chime Takeover DraftKings Closes On $300M Series D Round DraftKings To Close VC Funding In Coming Weeks FanDuel Closes On New VC Financing Cuban Among Group Raising Funds For Unikrn Nike Sees Sales Rise 4.8% In Q4 Sources: MLBAM Eyes IPO For Non-Baseball Division
WPP, Providence Equity Boost Sports Portfolio With Joint Deal For Chime CommunicationsPublished in SportsBusiness Daily on 08 / 03 / 15
Chime Communications "has agreed" to a $585M joint takeover offer from global advertising/PR conglomerate WPP and U.S.-based Providence Equity Partners, according to Aglionby & Cookson of the FINANCIAL TIMES. Chime Chair Mervyn Davies said while the company had "achieved great success in bu...
Callaway Golf reported net sales of $176.9M for the first quarter ended March 31, 1998, an increase of 5% over 1Q ''97. However, net income decreased 54% to $11.2M, and diluted earnings per share decr
The Walt Disney Co. reported Wednesday that earnings rose 22% in its fiscal 2Q ended March 31 "as theme-park and ESPN operations more than offset lower creative content segment results and film write-
Reebok Int''l said Wednesday that its first-quarter profit fell 49% and company officials "predicted another tough quarter ahead with no improvement expected until autumn at the earliest," according t
SportsLine USA announced a record revenue and site traffic for the first quarter ended March 31. Revenue increased 359% to $6.79M in the first quarter ''98 from $1.48M during the same period of ''97.
Advantage Int''l acquired Sail Sports Int''l (SSI), a sailing event and consulting company. SSI''s portfolio of events and clients includes marketing rights to the 17-event World Match Racing Associat
N.Y.-based Family Golf Centers has agreed to acquire Eagle Qwest Golf Center Inc, the nation''s second-largest owner, operator and manager of driving ranges for shares worth "about" $46.1M, according
Paul Allen, who bought 95% of Marcus Cable for $2.78B, said he paid $2,800 per subscriber. Allen: "It''s a great time to come in and find a partner and add some of my ideas to what is in the marketpla
Oakley Inc.''s "undiminished aggressiveness has already made it one of the budding turnaround stories of 1998," according to James Sterngold of the N.Y. TIMES. The company''s sunglasses, which receive
The Marquee Group announced an agreement to acquire Park Associates, a talent sports management firm in the U.K. Included on Park''s client roster are BBC broadcaster Gary Linekar, former English Rugb
FL-based JumboSports, which closed its fourth quarter with "worse-than-expected earnings, predicted Monday its turnaround is at least three more months away," according to Jeff Harrington of the ST. P