April 07, 2021
The maker of licensed sports trading cards is going public in a reverse merger with a special-purpose acquisition company created by Mudrick Capital, in a deal with a pro forma valuation of $1,163 million.
The Eager Beavertons suspended their endorsement deal with the Texans’ quarterback, who has been accused of sexual misconduct during massage and physical therapy sessions by 22 women and has numerous lawsuits pending against him.
There were no surprises at the top of the favorite footwear and apparel brand lists, with Nike getting a commanding 56% of mentions for the former and 27% for the latter, in Piper Sandler’s Spring 2021 edition of its Taking Stock with Teens survey.
Only 17 container ships were waiting to dock at the ports of Los Angeles and Long Beach in recent days, according to the National Retail Federation and Hackett Associates, down from over 30 a month ago.
The ratings agency lowered its issuer credit rating and other debt ratings on Callaway to B from B+ after the consummation of its all-stock acquisition of Topgolf, with a negative outlook.
The U.S. Patent Office’s Trademark Trial and Appeal Board denied VF Corp.’s bid to register the design of Timberland’s iconic boot, ruling it lacks acquired distinctiveness.