Nike Beats Analysts' Q2 Expectations Nike's Stock Posts Underwhelming Yearly Results Strivr Labs Announces $5M Round Of Funding Sportradar Rolling Out New Accelerator Program VF Corp. Mum On Majestic Sale To UA Could Disney Really Let Go Of ESPN? Nike Files Flurry Of Tech Patent Former MLBers Launching Private-Equity Fund Under Armour Changing Stock Ticker Symbols Dick's Keeping 22 Sports Authority Stores
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).