Collegiate Pacific, Sport Supply Group Call Off Merger

Share this content:
School sports DMers Collegiate Pacific Inc. and Sport Supply Group Inc. terminated their merger agreement, the companies said yesterday.


Instead, Collegiate Pacific, Dallas, has purchased 1.66 million additional shares of Sport Supply Group, Dallas, for $9.2 million. As a result, Collegiate Pacific's stake in Sport Supply is now at 72 percent.


The merger, which was announced in September, had "become unlikely to close in a timely fashion under previously contemplated terms," Collegiate Pacific president Adam Blumenfeld said in a statement. "Collegiate Pacific and SSPY will continue upon their previously announced track of maximizing operating synergies and savings between the companies."


Collegiate Pacific manufactures sports equipment and markets them to institutional and team dealer markets via 1.5 million catalogs annually. Sport Supply Group is a direct marketer and business-to-business e-commerce supplier of sporting goods and physical education equipment to the institutional and youth sports marketplace.


Chantal Todé covers catalog and retail news and BTB marketing for DM News and DM News.com. To keep up with the latest developments in these areas, subscribe to our daily and weekly e-mail newsletters by visiting www.dmnews.com/newsletters


Sign up to our newsletters

Company of the Week

Brightcove is the world's leading video platform. The most innovative and respected brands confidently rely on Brightcove to solve their most demanding communication challenges because of the unmatched performance and flexibility of our platform, our global scale and reliability, and our award-winning service. With thousands of customers and an industry-leading suite of cloud video products, Brightcove enables customers to drive compelling business results.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above