On February 6, 2017, Performance Sports Group announced that it has obtained the Courts’ approval for the sale of substantially all of the assets of Performance Sports Group and its North American subsidiaries to an investor group led by Sagard Holdings Inc. and Fairfax Financial Holdings Limited. Performance Sports Group anticipates that the completion of the sale will occur on or about February 23, 2017, but not later than February 27, 2017.
We believe the sale of Performance Sports Group to Sagard and Fairfax Financial represents the best path forward for our customers, vendors, retail and business partners, employees and other stakeholders. We remain focused on growing our strong underlying brands, which are leaders in Hockey, Baseball/Softball and Lacrosse. We look forward to completing the sale and remain focused on continuing to deliver high-quality products across all our brands to customers and consumers.
Additional information, including press releases, and frequently asked questions (FAQs) can be accessed below.
Performance Sports Group Completes Sale of Substantially All of its Assets to Investor Group Led by Sagard and Fairfax Financial
Performance Sports Group Receives Court Approval of Sale of Substantially All of its Assets to Investor Group Led by Sagard and Fairfax Financial
Performance Sports Group To Seek Court Approval Of Sale Of Substantially All Of Its Assets To Investor Group Led By Sagard Capital
PSG Provides Regulatory Update
Performance Sports Group Receives Court Approval of the "Stalking Horse" Purchase Agreement, Bidding Procedures and U.S. $386 Million in New DIP Financing
Performance Sports Group enters into "Stalking Horse" Asset Purchase Agreement with Investor Group Led by Sagard Capital and Fairfax Financial for U.S. $575 million