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Performance Sports Ex-Chairman May Bid For Hockey-Gear Maker


Champ Kind
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By John Tilak and Jessica DiNapoli TORONTO/NEW YORK (Reuters) - The former chairman of Performance Sports Group Ltd, Graeme Roustan, told Reuters he has hired investment banks Jefferies Group LLC and Canaccord Genuity to explore a possible bid for the troubled maker of hockey gear. Roustan said he believes he can turn around the money-losing company, which is under investigation by securities regulators in the United States and Canada. The company is conducting an internal investigation into its accounting practices, which has delayed the release of its annual report.

 

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