ClubCorp Holdings (MYCC) Declares $0.13 Quarterly Dividend; 2.8% Yield

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ClubCorp Holdings (MYCC) to Acquire Six Golf Club Portfolio in $44M Deal

March 23, 2015 7:13 AM EDT

ClubCorp Holdings (NYSE: MYCC) announced agreements have been signed to acquire a multi-club portfolio of six golf clubs for a combined purchase price of just under $44 million. The sellers are Stratford Golf Partners and Accord Golf Capital and the acquisition will be funded from existing liquidity. This acquisition includes four private clubs, one semi-private club and one public golf club adding 171 holes of golf in already established ClubCorp markets throughout the Southeast United States.

Bermuda Run Country Club in Bermuda Run, North Carolina a private country club offering 36 holes of... More