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MCDONALDS'S & LPGA SIGN CONTRACT EXTENSION FOR CHAMPIONSHIPS
Published May 24, 1995
The LPGA and officials from the McDonald's LPGA Championship have announced the renewal of the tournament's contract with the LPGA. The new contract is a three-year rolling agreement, whereby each year the McDonald's LPGA Championship is staged, another year is automatically added to the term of the contract. LPGA Commissioner Charles Meachem said both parties were "extremely happy" to make the announcement and pointed out that the '95 McDonald's LPGA Championship contributed $2.1M to charity. The event is one of four LPGA's Major Championships and is played annually at the DuPont Country Club in Wilmington, DE (LPGA).