SGB Update Sportsmans

CODI $1.1 Billion in New Debt Financing

Compass Diversified Holdings (CODI) announced that the company has signed a credit agreement for a revolving credit facility totaling $600 million and a term loan facility in the amount of $500 million. CODI also announced that the company has closed the previously announced private offering of $400 million in notes.

Dick’s Destroying Unsold Assault Rifles

Dick’s Sporting Goods is destroying the company’s inventory of unsold assault rifles in the wake of the decision to quit selling the firearms.

RECALL: L.L.Bean Knives

About 600 knives sold by L.L.Bean are being recalled, according to a press release from the  U.S. Consumer Product Safety Commission.

Columbia Sportswear To Acquire Remaining Interest In China Joint Venture

Columbia Sportswear Company announced the intent to acquire the remaining 40 percent interest in Columbia Sportswear Commercial (Shanghai) Company, the joint venture that the company currently operates in China with Swire Resources Limited, a subsidiary of Swire Pacific Limited.