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]