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Cleveland Hosting Bevy Of Big-Time Sporting Events SaturdayPublished in SportsBusiness Daily on 08 / 22 / 14
Cleveland on Saturday "arguably will be the busiest sports city in America," as "all three pro sports venues downtown will host games simultaneously." There are a "variety of other events going on," so that there will be "as many as 100,000 people downtown at the same time." Progressive Field will h...
Evenflo and Spalding Holdings Corp., parent of Spalding Sports Worldwide, has signed a letter of intent to acquire certain assets of the Ben Hogan Company, primarily in exchange for stock in Evenflo &
NJ-based Tear Drop Golf Co. is expected to announce today an agreement to acquire Tommy Armour Golf Co. from U.S. Industries for "about" $24.5M in stock and cash, according to the WALL STREET JOURNAL.
Fila Holding SpA confirmed Saturday that it has "laid off" 32 workers, 24 of them at its U.S. headquarters and distribution facility in Sparks, MD, according to the Baltimore SUN. Fila Senior VP Howe
CT-based Starter Corp. reported that third-quarter net income "fell" 49% as a result of "sluggish apparel sales," according to the WALL STREET JOURNAL. The company said net income fell to $5.6M, or $.
Intel Corp. and Mitsubishi Corp. have agreed to buy "substantial stakes" in FL-based SportsLine USA, according to David Poppe of the MIAMI HERALD. SportsLine said Intel agreed to buy 537,634 shares of
The "financial windfall" from hosting four World Series games "could run" $88M for the Marlins and other businesses, according to Horn & Fins of the Fort Lauderdale SUN- SENTINEL. The following number
Republic Industries Chair Wayne Huizenga has agreed to pay $82.5M for John Elway''s six Denver-area car dealerships, according to Richard Williamson of the ROCKY MOUNTAIN NEWS. Elway "received Republi
The financial benefits of owning a minor league baseball franchise was examined by Roy Furchgott of the N.Y. TIMES, who wrote, "team owners warn that would-be baseball moguls should take a long look b
S.F.-based Charles Schwab Corp. "has inked a deal" with the U.S. Ski Team "to provide athletes with retirement plan services and brokerage firm internship opportunities" in its 263 branch offices, acc
AL-based Hibbert Sporting Goods announced the pricing of an IPO of 1,133,197 shares of common stock at $27.75 per share. The offering is being underwritten by Smith Barney, NationsBanc Montgomery Secu