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Article Date: December 1996
Word Count: 117

EMERSON RADIO TO RAISE STAKE IN SPORT SUPPLY GROUP TO 27 PER CENT.


The figure could rise to 35 per cent if Emersonexercises five-year warrants to purchase an additional millionshares at $7.50 each. The initial Emerson infusion, agreed uponby both parties, will pump $12 million into SSG in exchange for1.6 million common shares. As part of the deal, expected to closethis week, the consumer electronics company also agrees to establishsupplemental trade credit ... Log in to view full article.

 


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