Performance Sports Group Holds Discussions in Relation to Seeking Strategic Alternatives; Shares Halted

Performance Sports Group Ltd (PSG) said in a statement Tuesday the company and its independent financial advisor, Centerview Partners, have held discussions with certain interested parties and stakeholders, but no agreement has been reached in relation to strategic alternatives.

“Until such time as it is appropriate to make a public announcement on any potential transaction, the company will not comment further on this matter,” it said in a statement.

Shares of the company have been halted by Nasdaq from 11:55 am EST for volatility and pending the release of material news.

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