June 24, 2024 Under Armour Settles Securities Action
The company stamped a $434 million settlement Friday which will end the seven-year saga of shareholder fraud accusations pending final court approval and avoid a July 15 trial scheduled in U.S. District Court in Baltimore. Vista Outdoor Bidding War Escalates
Just three days after Institutional Shareholder Services withdrew its recommendation that VSTO shareholders vote for the Kinetic Group sale to Czechoslovak Group, CSG has raised its offer from $1.96 billion to $2 billion. Taiwanese Fitness Company Dyaco Opens E-Bike Factory
The equipment maker, which owns the Sole, Spirit, Xterra, and Johnny G fitness brands, is opening a new e-bike factory in Taichung’s Dajia district covering 145,000-sq.-ft. with an annual capacity of 100,000 units.
GRMN elevated Patrick Desbois and Brad Trenkle to the newly created roles of co-COO, effective July 1. Sierra and Barnes Bullets Get New CEO
Long time Vista Outdoor exec and current president of Bushnell, Jim Bruno will take the reins of the two ammunition brands effective July 8. Etcetera: Fanatics, Peak Performance, Rally House, Mountain Expedition Supply, Stan’s, BlackBriar
|