April 17, 2017
Bass Pro will now be paying $61.50 per share, a decrease of $4 from the original offer, in a deal that is expected to close sometime during Q3. The aggregate value of the deal is now $5 billion, down about $500 million from the original deal.
Although litigation against companies in bankruptcy is normally stayed, the plaintiffs in a suit involving the sale of a Bushmaster to a straw purchaser by Gander that was later used to kill and injure a number of firemen are asking to court to let their suit against Gander proceed because they claim they are not seeking payment from Gander’s bankruptcy estate.
Coinciding with the Shockers’ move to the AAC, Under Dog inked an eight-year deal to outfit its 15 sports teams beginning Jul. 1.
A federal court approved a motion for two classes in a lawsuit brought by Jimmy Greer, an employee at the Dick’s Fresno store, who alleges that he was made to undergo security checks off the clock in violation of CA labor law and also that the retailer requires employees to wear designated apparel without reimbursing them.
The 13th Team Dealer Market will be held this year at The Big Chill Event Center in Charlotte, NC.