Performance Sports Group (PSG) Expected to Trade on the Pink Sheets Under 'PSGLQ'
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NYSE to Immediately Suspend Trading of Performance Sports Group (PSG) Stock; Will Move to Delist
October 31, 2016 10:50 AM EDTThe New York Stock Exchange (NYSE, or the Exchange) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of Performance Sports Group Ltd. (the Company) ticker symbol PSG from the NYSE. Trading in the Companys common stock will be suspended immediately.
NYSE Regulation reached its... More
Performance Sports Group (PSG) Files for Chapter 11 Bankruptcy
October 31, 2016 6:35 AM EDTPerformance Sports Group Ltd. (NYSE: PSG) announced that, in order to facilitate a financial and corporate restructuring through a going-concern sale of substantially all of the Company's assets, it has filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code in the District of Delaware and commenced proceedings under the Companies' Creditors Arrangement Act (the "CCAA") in the Ontario Superior Court of Justice. The Company's applications under Chapter 11 and the CCAA are subject to the supervision and approval of the U.S. and Canadian courts (the "Restructuring Process"). During the Chapter... More