This is a news story, published by ABC News, that relates primarily to FIS news.
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snowboard competitionsABC News
•83% Informative
Ski racers, snowboarders challenge sport's governing body to reconsider lucrative investment chance.
International Ski and Snowboard Federation ( FIS ) 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.
FIS responded days later in a letter to CVC officials that it was "very well capitalized".
VR Score
85
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86
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29
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English
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