TITLE

Off-the-Field Issues

AUTHOR(S)
Marino, Jonathan
PUB. DATE
June 2009
SOURCE
Mergers & Acquisitions Report;6/15/2009, Vol. 22 Issue 24, p3
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article examines several issues associated with acquisition deals during an economic downturn. It cites the 15% stake of NBA's Cleveland Cavaliers with Chinese investor Jianhua Huang. Eric Bradlow of the University of Pennsylvania said that there are many opportunities for people to get reasonable bargains with professional sports franchises, and that location and brand matter when it comes to these businesses. Moreover, potential buyers for the sports sector have disappeared while valuations are downs.
ACCESSION #
44148323

 

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