Bauer Relists On NYSE As Performance Sports Group

Performance Sports Group CEO Kevin Davis Friday appeared on "Squawk on the Street," with CNBC's Carl Quintanilla noting Davis was on-hand 'to celebrate the company's new listing" on the NYSE as PSG. Davis said of the company formerly known as Bauer, "We just entered in a really significant way the baseball market with our acquisition of Easton baseball/softball. There's quite a few competitors in the space, very similar to what the hockey industry looked like six or seven years ago."

Davis said of the company previously being a part of Nike, "We loved being a part of Nike, obviously one of the greatest sports brands in the world. ... By separating -- we had great partners with Kohlberg and Company, who is the private equity group -- (it) allowed us to make investments in the business. We have acquired seven businesses in the last six years across multiple sports" ("Squawk on the Street," CNBC, 6/20).