TITLE

ASG Officially Up for Sale

AUTHOR(S)
Niemi, Wayne
PUB. DATE
August 2006
SOURCE
FN: Footwear News;8/14/2006, Vol. 62 Issue 32, p4
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article announces the sale of American Sporting Goods (ASG) as of August 14, 2006. CEO Kevin Wulff confirmed that the company had signed with investment bank Wachovia Securities and was actively searching for a buyer. He speculated that its new owner would likely come from outside the footwear industry. In 2005, ASG came close to finalizing a deal with a private equity group, but pulled out of negotiations at the last minute and was taken off the market.
ACCESSION #
22062248

 

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