February 16, 2021 Biden Pushes Ahead on “Commonsense” Gun Law Reforms
The Biden Administration called for Congress to enact reforms including universal background checks for all gun sales, banning assault weapons and high-capacity magazines, and repealing the Protection of Lawful Commerce in Arms Act, in a statement posted to the White House website. Adidas Confirms Reebok Divestiture Has Begun
The Big a said that it has “concluded its assessment of strategic alternatives” for Ex-Numero Uno and has begun a formal process to divest the brand, though it did not identify whether it was going to spin off Reebok, or had found a buyer. Apex Global Brands Acquired by Galaxy Universal
The struggling owner of Hi-Tec, Magnum, Tony Hawk and other brands has arranged to be acquired by Galaxy Universal in a $2.00 per share, all cash deal. New Balance Roma Kit Deal Confirmed
NB triumphed over U.K. apparel brand Castore in the competition to succeed Nike as kit sponsor for Italian Serie A soccer club AS Roma, according to multiple reports in Italian media. Vista Outdoor Debt Offering to Extend Maturities
VSTO is offering $350 million of senior notes due in 2029 to fund the redemption of all of its outstanding 5.875% Senior Notes due in 2023. Tennis Participation Soared 22% Last year
The pandemic year tallied 21.64 million tennis participants, including 2.96 million new players and 3.82 million who returned to the sport, according to the yearly Physical Activity Council participation report from Sports Marketing Surveys. West Virginia University Sues Fan Shop
The Mountaineers’ board of governors is suing online fan shop Sports Fanz in WV federal court for selling unauthorized WVU merchandise through its website and social media presence. Etcetera: Thule, Adidas, Himali, Club Champion, MLF, Outtech, KT Tape, Slinger Bag
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