Mergers & Acquisitions in the Sporting Goods Industry Master Thesis Master of Science in Finance & international Business Supervisor: Margit Malmmose Peyton Associate Professor in Management Accounting Department of Business Studies Aarhus School of Business Aarhus University Florian Jochum Ellebjergvej 17 2450 Copenhagen E-Mail:
[email protected] Exam No.: 280902 August 31 st , 2009 To my Mother and in remembrance of my Father ii Contents Contents ..........................................................................................................................iii List of Tables ................................................................................................................... v List of Figures................................................................................................................. vi Abbreviations................................................................................................................. vii 1 Introduction............................................................................................................ 1 1.1 Object of Investigation .................................................................................... 1 1.2 Course of Analysis........................................................................................... 2 2 Sports and its industry .......................................................................................... 4 2.1 Definition of Sports ........................................................................................