THE SPORTS AUTHORITY CUTS STAKE IN JAPAN JOINT VENTURE.
MARCH 29, 1999 - VOL 16, NO 13
THE SPORTS AUTHORITY CUTS STAKE IN JAPAN JOINT VENTURE.
The move, suggested by the retailer several weeks ago and reported here last week, will make TSA a minority partner in its Japanese joint venture with JUSCO Co., Ltd.
Terms will see TSA reduce its ownership in Mega Sports Co., the four-year old parent of 13 Japanese TSA units, from 51 per cent to 19 per cent. Jusco will pay the retailer more than $13 million over the next five years for ... Log in to view full article.
