Sports Authority to set up meeting of stockholders
01 Apr '06
1 min read
Sporting goods firm Sports Authority Inc announced that it will convene a special meeting of stockholders on Tuesday, May 2, 2006, to vote to approve its acquisition by an investor group led by Leonard Green & Partners, LP.
The meeting will be held at 9:00 a.m. Mountain Daylight Time at Sports Authority's headquarters at 1050 W. Hampden Avenue, Englewood, Colorado 80110. Stockholders at the close of business on the record date of March 30, 2006, will be eligible to vote at the special meeting. Sports Authority anticipates filing its definitive proxy statement with the Securities and Exchange Commission on or about Friday, March 31, 2006.
US second largest sporting goods retailer Sports Authority is the nation's largest full-line sporting goods retailer. It is operating under The Sports Authority, Gart Sports, Sportmart and Oshman's names, has three stores in New Orleans, all of which have been closed, and more than 60 employees. The company is in the process of attempting to contact these employees to confirm their whereabouts and their safety.