#PlaybyPlay: V.F. Corp (NYSE: $VFC) Announces Intention to Separate Into Two Publicly-Traded Companies and Churchill Downs (NasdaqGS: $CHDN) @ChurchillDowns Signs Definitive Purchase Agreement to Manage Lady Luck Casino in PA

Point Roberts, WA and Delta, BC - August 13, 2018 (Investorideas.com Newswire) Investorideas.com, a leader in investor news and research issues today's edition of Play by Play covering what's new in sports headlines and recent news from publicly traded companies in the sector.

Play by Play - the latest sports headlines and sports stock news

Koepka Wins PGA Championship with Woods Close Behind with Epic Comeback, Nadal Captures 4th Rogers Cup in Toronto, Harvick Wins NASCAR Series Cup at Michigan and Messi’s Barcelona Earns Spanish Super Cup Victory

Brooks Koepka won his third career major yesterday after holding off resurgent Tiger Woods to capture the 2018 PGA Championship at Bellerive Country Club in Missouri. Koepka finished with 16 under 264, setting a new PGA Championship scoring record. Woods came in second by two strokes with 14 under par, setting a personal best for closing round at a major. The Associated Press quotes Woods on the final major of his comeback season:

“I had to kind of figure this out on my own and it’s been really hard — a lot harder than people think,” he said. “And I’m just very pleased at what I’ve done so far ... going from where I’ve come from, to now over the last year, it’s been pretty cool.”

Rafael Nadal won his 80th ATP World Tour title yesterday as he defeated Greek player Stefanos Tsitsipas 6-2, 7-6 (4) at the Rogers Cup in Toronto. This is Nadal’s fourth Rogers Cup, after winning previously in Toronto in 2008 and in Montreal in 2005 and 2013, according to the AP. He has won 33 ATP World Tour Masters 1000 titles.

Kevin Harvick won the Consumers Energy 400 yesterday at the Michigan International Speedway. The victory marks Harvick’s seventh win of the season and ties him with Bill Elliott at 17th of all time for NASCAR Cup Series wins with 44. USA Today quotes Harvick on having his son Keelan wave the checkered flag from the passenger seat:

"It's pretty cool to look over on your victory lap and see your 6-year-old in the passenger's seat and being able to enjoy it with you," Harvick said. "That was definitely way up there on the bucket list."

Football (soccer) superstar Lionel Messi recorded his 33rd title yesterday as Barcelona beat Sevilla 2-1 in the Spanish Super Cup in Morocco, according to BBC Sport. Ousmane Dembélé scored the winning goal for Barcelona in the 79th minute, earning Barcelona their sixth win at the Spanish Super Cup in the last nine years.

V.F. Corp Announces Intention to Separate Into Two Publicly-Traded Companies and Churchill Downs Signs Definitive Purchase Agreement to Manage Lady Luck Casino in PA

Stocks discussed: (NYSE:VFC) (NasdaqGS:CHDN)

V.F. Corp (NYSE:VFC) intends to separate into two publicly-traded companies, according to a press release today. One of the companies will retain the name V.F. Corp and handle apparel and footwear, and the other yet-to-be named company will deal with V.F. Corp’s denim category.

Churchill Downs (NasdaqGS:CHDN) has signed an asset purchase agreement to assume management of Lady Luck Casino Nemacolin in Farmington, Pennsylvania.

Sam Mowers, Investorideas.com

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