Moody's Gives WME IMG B2 Credit Rating CDI Net Income Drops 5% In '13 Bauer Purchases Easton-Bell Baseball/Softball Learfield Sports Acquires Nelligan Sports ISC Q4 Revenue Flat With '12 WME Faces Daunting Task In IMG Acquisition 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
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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).