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As love died, business thrived; Paul Taunton's ex-wife says she was misled about the value of his company, Athletic Fitters Inc. Hearings on their divorce settlement began last week.(BUSINESS)
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1/3 The mid-1990s were heady times for Paul Taunton and his Athletic Fitters Inc., with INC. magazine listing the Eden Prairie-based retailer as one of the country's fastest-growing companies.
Today, Taunton's business success is inextricably entangled in a legal battle with his ex-wife over the proceeds from his $30 million sale of the chain to the Foot Locker unit of Woolworth Corp. 15 months ago.
What has emerged during a series of court hearings in Hennepin County District Court is the picture of a successful businessman, an aggrieved ex-wife and ...
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