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China-Based Peak Sport Products Chair Xu Jingnan Offers $310M To Take Company Private

Published in SportsBusiness Daily Global on 07 / 27 / 16

The chair of China's Peak Sport Products, which sponsors several U.S. basketball teams, "plans to take the company private" for around $310M, saying the sportswear maker's "weak share performance had hurt its reputation," according to Donny Kwok of REUTERS. Peak Sport "flagged earlier this year...

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Tags: Finance, Asia

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