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Amer Sports Slashes IPO Price, Still Adds $1B to Chip Wilson Fortune

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Amer Sports priced its IPO Wednesday evening and begins trading on the New York Stock Exchange Thursday, but the company had to steeply discount its share price to get the deal done. Amer—the parent of Salomon skis, Wilson tennis balls and Arc’teryx apparel—sold 105 million shares at $13 apiece, raising $1.37 billion. The IPO price […]

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