Volcom, Inc. amends initial public offering Costa...
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Volcom, Inc. amends initial public offering
Costa Mesa surf wear company Volcom, Inc. filed papers with the
Securities and Exchange Commission Thursday that amended the
company’s initial public offering. According to the filing, Volcom
plans to offer almost 470,000 shares to investors. Volcom’s
prospectus stated shares could be priced between $15 and $17.
Volcom’s plans to go public were first announced in April. The
clothing company markets its goods primarily to teenagers attracted
to surfing, skateboarding and snowboarding. Volcom also has its own
record label and a division that creates films about extreme sports.
Corona del Mar couple to buy Mighty Ducks
Corona del Mar’s Henry and Susan Samueli received approval from
the National Hockey League’s Board of Governors Thursday to buy the
Mighty Ducks of Anaheim, the league announced. The board’s approval
was given pending completion of the Samuelis’ buy from the Walt
Disney Co.
The Samuelis’ deal was first announced Feb 25. An NHL press
release stated the price for the team and a practice facility has
been reported as $75 million.
A former UCLA professor, Henry Samueli co-founded Broadcom Corp.,
an Irvine-based technology company. The Samuelis donated $20 million
to UC Irvine to endow the school’s Henry Samueli School of
Engineering and have also aided Opera Pacific and the Orange County
Performing Arts Center, which will include the Samueli Theater. The
Ducks have not taken the ice since the 2003-2004 hockey season. The
NHL’s 2004-2005 season was canceled because of a labor dispute.
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