Apollo Scores Golf Club Operator In $1.1B Take-Private Deal

Share
Apollo Scores Golf Club Operator In $1.1B Take-Private Deal

Do you own shares of ClubCorp Holdings, Inc. On Tuesday, March 28 Davis Charles Louis IV sold $29,775 worth of RigNet Inc (NASDAQ:RNET) or 1,500 shares. X Co Limited Liability owns 623,843 shares or 0.4% of their U.S. portfolio. Renaissance Technologies Ltd Llc has 430,600 shares for 0.02% of their portfolio. ClubCorp Holdings had a net margin of 0.41% and a return on equity of 8.96%. Hap Trading Ltd owns 252,673 shares or 0.18% of their U.S. portfolio. Public Employees Retirement Association Of Colorado holds 1,217 shares or 0% of its portfolio. Blackrock Institutional Na, a California-based fund reported 1.64 million shares. Currently, the stock is 9.64% from its 50-Day High and 139.47% from the 50-day low. In 2015 the stock traded above $20.00. (NYSE:MYCC) are scrambling higher in today's trading session. WFG Advisors LP raised its stake in ClubCorp Holdings by 112,200.0% in the fourth quarter. The mean EPS estimate is $0.36. The stock of ClubCorp Holdings Inc (NYSE:MYCC) has "Buy" rating given on Wednesday, June 21 by Jefferies. Therefore 82% are positive. The firm earned "Neutral" rating on Tuesday, November 10 by Sidoti. On September 16 the company was upgraded to "Outperform" from "In-line" with a current price target of $21.00 in a statement from Imperial Capital. The stock of ClubCorp Holdings Inc (NYSE:MYCC) has "Outperform" rating given on Friday, February 26 by Wells Fargo. (NYSE:MYCC). Using the following ratings scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell and 5.0 Strong Sell, analysts have an average recommendation of 1.70. FBR Capital initiated it with "Outperform" rating and $17 target in Thursday, June 30 report. The firm has "Buy" rating given on Wednesday, June 15 by Suntrust Robinson. ClubCorp paid $3.6 million last month for the Medina Golf & Country Club in Medina. While the stock price moved along with the volume change, shares are touching $17.08. ClubCorp Holdings, Inc. (MYCC) has made its way to a 12-month gain of 2.34%. SHAREHOLDER ALERT: "Former SEC Attorney Willie Briscoe ..." published on July 10, 2017 as well as Prnewswire.com's news article titled: "SHAREHOLDER ALERT: "Bronstein, Gewirtz & Grossman, LLC Announces Investigation ..." with publication date: "July 10, 2017. In May, the firm agreed to buy communications infrastructure provider West Corp. for about $5.1 billion including debt and earlier this month, completed its acquisition of Lumileds, the lighting-components division it carved out of Royal Philips NV.

Despite assuring investors in April that it wouldn't sell, ClubCorp Holdings Inc. announced Sunday it will be acquired by Apollo Global Management in a $1.1 billion deal. It has a 249.09 P/E ratio.

Founded in 1957, Dallas-based ClubCorps owns or operates more than 200 private golf, country and private clubs, including the Firestone Country Club in Akron, Ohio; Mission Hills Country Club in Rancho Mirage, Calif.; The Woodlands Country Club in The Woodlands, Texas; and the Capital Club Beijing.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Share

Advertisement

Related Posts

Novak Djokovic dismisses rumors about personal life
One of the favorites in the women's tournament, third-seeded Karolina Pliskova , lost on Centre Court. Ferrer advanced when opponent Steve Darcis retired with an injury while trailing 3-0.

£50m too much for Leicester star
The Gunners are set to make another splash in the transfer window, after spending almost £50m for Alexandre Lacazette. Thus, Mahrez is set to begin pre-season training with Leicester with a switch to the Emirates still some way off.

Arab League lauds UNESCO recognization of Hebron as Palestinian heritage site
Two other shrines next to it - the Jewish Tomb of the Patriarchs and the Muslim Ibrahimi Mosque - have been accorded the same tag. Israel blames the violence on incitement by Palestinian religious and political leaders, compounded by social media.

Matt Kenseth likely looking for new team in 2018
Kenseth disclosed in a Friday morning press conference at Kentucky that he didn't expect to return to JGR in 2018. Matt Kenseth admitted Friday that his five-year tenure at Joe Gibbs Racing is likely over after this season.

American, 22, Killed in Greek Bar Fight
The statement went on to say Henderson enjoyed spending time with friends and family as well as traveling and meeting new people. A 22-year-old man from Austin was killed while vacationing on a Greek island Friday morning and two people have been arrested.

May trade deficit grew to $1.1 billion, StatsCan says
Exports continued to improve as the US shipped $192 billion worth of goods and services to other countries, a 0.4% increase. The U.S. trade deficit narrowed in May, and the politically sensitive trade gap with China also slid.

Lonzo Ball's struggles in NBA Summer League debut unsurprising, overstated
Fellow rookie Jayson Tatum has been lighting it up in the Summer League, but that wasn't going to stop Lonzo Ball this time. In a piece published Friday, ESPN's Ramona Shelburne detailed the Lakers' research on Ball before drafting him.

Surveillance Shows Venus Williams 'Lawfully Entered' Intersection In Fatal Crash
Palm Beach Gardens police said on Friday that Mrs Barson's light turned green just before Williams moved in front of her. Video surveillance footage was obtained from a community south of the intersection which recorded the traffic crash.

Independence Realty Trust, Inc. (IRT) Broker Price Targets For The Coming Week
The Massachusetts-based Wellington Group Incorporated Llp has invested 0% in Physicians Realty Trust (NYSE:DOC). Digital Realty Trust, Inc. (NYSE:EDR) has "Buy" rating given on Wednesday, June 7 by RBC Capital Markets.

California's Revenge Porn Law Gets a Kardashian-Sized Spotlight
Blac Chyna has officially spoken out about Rob Kardashian's social media tirade in a new interview. One of Rob's many posts last week threatened to make sure Blac Chyna lost custody of her daughter.

© 2015 ExpressNewsline. All Rights reserved.