Gart Sports Company and The Sports Authority Announce Registration Statement Declared Effective.Sports Editors/Business Editors DENVER & FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla.--(BUSINESS WIRE)--June 25, 2003 Gart Sports Company (Nasdaq:GRTS GRTS Generalized Random Tessellation Stratified (spatially-balanced probability sampling) GRTS Gambia Radio and Television Service GRTS Gainesville Regional Transit System (Florida) ) and The Sports Authority Sports Authority is the USA's largest full line sporting goods retailer. The company is headquartered in Englewood, Colorado. It operates over 400 stores in 45 U.S. states under the Sports Authority name. Total sales for the fiscal year ending January 29 2005 were $2.44 billion. , Inc. (NYSE NYSE See: New York Stock Exchange :TSA TSA See tax-sheltered annuity (TSA). ), announced that the SEC has declared Gart's registration statement effective on June 25, 2003 relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the issuance of shares of its common stock in connection with the proposed merger of equals with The Sports Authority. A joint proxy statement/prospectus will be mailed to stockholders of Gart Sports Company and The Sports Authority on or about June 27, 2003. The stockholder meetings for the two companies are scheduled to take place on August 4, 2003. Gart Sports Company and The Sports Authority stockholders and other investors are urged to read the joint proxy statement/prospectus and other materials that have been and will continue to be filed by Gart Sports Company and The Sports Authority with the SEC. These documents contain important information that should be read carefully before any decision is made with respect to the merger. When documents are filed with the SEC, they will be available for free at the SEC's website at http://www.sec.gov. Documents are also available for free from the contact persons listed above. About Gart Sports Company Gart Sports Company, headquartered in Denver, Colorado, is the largest full-line sporting goods Noun 1. sporting goods - sports equipment sold as a commodity commodity, trade good, good - articles of commerce sports equipment - equipment needed to participate in a particular sport retailer in the Western United States Noun 1. western United States - the region of the United States lying to the west of the Mississippi River West Santa Fe Trail - a trail that extends from Missouri to New Mexico; an important route for settlers moving west in the 19th century . The Company was established in 1928 and offers a comprehensive high-quality assortment of brand name sporting apparel and equipment at competitive prices. Gart Sports Company operates 182 stores in 25 states under the Gart Sports(R), Sportmart(R) and Oshman's(R) names. The Company's e-tailing websites, located at gartsports.com, sportmart.com and oshmans.com, are operated by GSI Commerce, Inc. under a license and e-commerce agreement. The Company trades on the Nasdaq National Market under the symbol GRTS. About The Sports Authority The Sports Authority, headquartered in Fort Lauderdale, Florida Fort Lauderdale, known as the "Venice of America" due to its expansive and intricate canal system, is a city in Broward County, Florida, United States. The city's population is described as metropolitan, where diverse culture is commonplace. According to 2006 U.S. , is the nation's largest full-line sporting goods retailer operating 204 stores in 33 states. The Sports Authority's retail website, http://www.thesportsauthority.com, is operated by GSI Commerce Solutions, Inc. under a license and e-commerce agreement. In addition, a joint venture with AEON Co., Ltd. Operates 42 "The Sports Authority" stores in Japan under a licensing agreement. The Sports Authority is a proud sponsor of the Boys & Girls Clubs of America. Gart Sports Company, The Sports Authority, and their directors, executive officers, certain members of management and employees may be deemed to be participants in the solicitation of proxies in connection with the proposed merger. Information regarding the persons who may, under the rules of the SEC, be considered to be participants in the solicitation of stockholders in connection with the proposed merger, as well as additional information in respect of both companies, is set forth in the joint proxy statement/prospectus, which has been filed with the SEC. Reference is also made to the companies' latest annual reports as filed with the SEC, which may be obtained for free in the manner set forth above. Today's news release, along with other information about Gart Sports Company and The Sports Authority, is available on the Internet at http://www.gartsports.com and http://www.thesportsauthority.com. |
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