Ski racers, snowboarders challenge sports governing body to reconsider lucrative investment chance

Image for article Ski racers, snowboarders challenge sports governing body to reconsider lucrative investment chance
News Source : ABC News

News Summary

  • A group of high-profile ski racers and snowboarders are challenging their sport's governing body
  • The International Ski and Snowboard Federation was approached on Nov
  • 30 with a proposal from CVC Capital Partners
  • CVC was potentially offering an approximately $420 million (400 million euros) investment for a 20% shareholding in the commercial rights of snow sports
DENVER A group of highprofile ski racers and snowboarders, along with executives and board members, are challenging their sports governing body to reconsider a lucrative investment opportunity t [+4289 chars]

Must read Articles