Oct 17, 2007

Who's Going To Buy Cleveland Golf

There's been much speculation over the last few months especially on various golf forums as to who is going to buy Cleveland Golf. Right now Quicksilver owns Cleveland Golf but they've has set Oct. 16 as a deadline to receive all bids for the golf equipment maker. It then looks like Quicksilver will review the bids and decide by the following week who will be Cleveland’s new owner. The winning bid is expected to be in the $60 million to $70 million range.
An article from GolfWeek.com pretty much sums it up.

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