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

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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.

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