IMG Acquisition Could Take Up To Six Months Nike Q2 Profit Rises 40% WME Execs To Meet With IMG College WME CEOs Diving In At IMG Industry Leaders Discuss IMG Sale WME, Silver Lake Announce Acquisition Of IMG IMG Sale Comes With "Hefty Amount" Of Debt IMG Sales Process Enters Final Stage Aramark's Shares Rise 13.5% Following IPO Rant Sports Parent Closes $3M Round Of VC
GOLF NEWS & NOTES: DON'T SHED A TEARDROP FOR ME
Published December 12, 1997
NJ-based TearDrop Golf Co. has signed a letter of intent to acquire the assets of IL-based Ram Golf. The proposed acquisition will be subject to a number of conditions including the negotiation of a definitive asset purchase agreement and the successful completion of a due diligence investigation by TearDrop. The purchase will include cash and common stock of TearDrop (TearDrop). ON THE EDGE: FL-based Visual Edge Systems Inc. has reached an agreement in principal with Infinity Investors Ltd. to extend its debt financing of the repayment of a bridge loan of $7.5M. Visual Edge Systems produces "One-on- One with Greg Norman" personalized videos (Visual Edge).