Sponsorships Advertising Marketing

AMERICAN SKIING CO. PARENT ASC HOLDINGS SET TO FLOAT IPO

8.14.1997

          ME-based ASC Holdings, the parent of Les Otten's
     American Skiing Co., "plans to sell" $250M worth of stock to
     pay for its recent purchase of ski resorts in CO and NV,
     according to Edward Murphy of the PORTLAND (ME) PRESS
     HERALD.  The company said that it will also use some of the
     money raised to "repay debt."  Bear Sterns analyst Christine
     Lumpkins said that "many" have expected ASC to go public to
     finance Otten's "recent purchases."  No IPO price has been
     set (PRESS HERALD, 8/14).  Underwriters will be Donaldson
     Lufkin & Jenrette; Furman Selz; Morgan Stanley Dean Witter
     Discover; and Schroder & Co. (WALL STREET JOURNAL, 8/14).

PREVIOUS NHL REACHES PACT WITH REFEREES AND OFFICIALS THROUGH 2001 NEXT FROM EYES TO FEET: OAKLEY SET TO STEP INTO FOOTWEAR MARKET

SPONSORED CONTENT

ADDITIONAL SECTIONS

PODCASTS

SBJ Morning Buzzcast: May 3, 2024

May 3, 2024

Seismic change coming for NCAA? Churchill Downs rolls out major premium build out and Jeff Pash, a key advisor to Roger Goodell, steps down

Learfield's Cory Moss, MASN/ESPN's Ben McDonald, and Canelo

May 1, 2024

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with Learfield's Cory Moss as he talks about his company’s collaboration on EA Sports College Football. Later in the show, we hear from MASN/ESPN baseball analyst Ben McDonald on how he sees the college and professional baseball scene shaking out. SBJ’s Adam Stern shares his thoughts on the upcoming Canelo-Mungia bout on Prime Video and DAZN.

SBJ I Factor: Molly Mazzolini

April 23, 2024

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

SBJ TV

Sports Media Podcast April 24 Whos Up Whos Down

4 mins

Sports Media Podcast April 17 2024 The Big Get Molly Solomon

5 mins

Sports Media Podcast March 27 2024

29 mins

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/1997/08/14/Sponsorships-Advertising-Marketing/AMERICAN-SKIING-CO-PARENT-ASC-HOLDINGS-SET-TO-FLOAT-IPO.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/1997/08/14/Sponsorships-Advertising-Marketing/AMERICAN-SKIING-CO-PARENT-ASC-HOLDINGS-SET-TO-FLOAT-IPO.aspx