Hudson’s Bay Agrees To Amended Take-Private Deal

Hudson’s Bay Company, the Canadian parent of Saks and Hudson Bay, agreed to an amended deal to be taken private for C$11 per share. The offer comes from an investor group led by the retailer’s chairman, Richard Baker, an increase from the group’s previous offer of C$10.30 per share.

Spartan Looks To Acquire Tough Mudder

Spartan Race announced the acquisition of an exclusive option to acquire Tough Mudder’s UK, Canadian, and German events. It’s the first step in an effort to bring together a complete merger of the two obstacle course race leaders.

Modell’s Signs Lease For Warehouse In Bordentown, NJ

Modell’s Sporting Goods has committed to a 312,373 square feet industrial lease at 201 Old York Road in Bordentown, NJ. The sporting goods retailer will house its logistics and distribution operations at the newly built, state-of-the-art facility owned by Matrix Development.

Sequential Brands Appoints CEO

Sequential Brands Group Inc., the parent of Avia, And1 and Gaiam, announced that brand executive David Conn has been appointed director and chief executive officer. Most recently, he served as CEO of ThreeSixty Brands, where he played a significant role in acquiring and relaunching the iconic FAO Schwarz and Sharper Image brands.

OBIT: David Stern

Tributes from current and former players, sports league executives and broadcast executives arrived following the passing of David Stern, the NBA’s commissioner during the most successful period in league history.

RunSignup Releases 2019 Year In Review

RunSignup, the platform supporting endurance and fundraising events, released its 2019 Year in Review, evaluating the growth of the company in both usage and technological progress.