Worldwide Golf eyes U.S. assets of bankrupt chain Golfsmith: Reuters
Worldwide Golf Shops is exploring an offer for the U.S. business of bankrupt chain Golfsmith International Holdings Inc, according to people familiar with the matter, as the golf retail sector grapples with the sport's waning popularity. Golfsmith, the world's largest specialty golf retailer, filed for Chapter 11 bankruptcy in the United States and for creditor protection in Canada last month. Its owner is OMERS Private Equity, the buyout arm of one of Canada's largest pension funds.
7 October 2016•2 mins read
