Apollo completes take-private buyout of ClubCorp for about $1.1 bln

Apollo Global Management has closed its previously take-private acquisition of ClubCorp, a golf club operator, for about $1.1 billion. As a result of the closing, ClubCorb will no longer trade on the New York Stock Exchange. Jefferies LLC and Wells Fargo Securities/Eastdil Secured acted as financial advisers to ClubCorp while Simpson Thacher & Bartlett LLP served as legal counsel.

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