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SBJ/June 4 - 10, 2001/No Topic Name
Published June 4, 2001
SEC looking into Sport-Haley
Denver-based Sport-Haley Inc., which makes golf apparel for men and women, reported that the Securities and Exchange Commission is conducting a formal investigation of the firm. Company officials said the SEC is looking into whether the firm or officers, directors or employees violated any U.S. securities laws. Additional details were not available.
Loria ups Expos stake
Montreal Expos owner Jeffrey Loria has increased his ownership stake in the team to 92 percent, according to a Montreal Gazette report. Loria acquired a 24 percent stake in the team in December 1999.
Pack to get $13M from NFL
The Green Bay Packers will receive a $13 million loan from the NFL to help pay for the team's planned $295 million renovation of Lambeau Field. The loan was approved at the league's spring owners meeting late last month. The final financial obstacle to the renovation for the Packers is obtaining $9.1 million from Wisconsin state officials to pay for road and parking improvements around the stadium. Wisconsin Gov. Scott McCallum included the funding in his proposed state budget, but the expenditure was still pending approval from the state Legislature last week.