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THE EAGLE HAS LANDED AT FAMILY GOLF CENTERS

          N.Y.-based Family Golf Centers has agreed to acquire
     Eagle Qwest Golf Center Inc, the nation's second-largest
     owner, operator and manager of driving ranges for shares
     worth "about" $46.1M, according to Alan Wax of DOW JONES
     NEWS.  Vancouver-based Eagle Qwest owns 18 golf centers in
     N.A. and has signed letters of intent to acquire eight more,
     while Family Golf owns or is constructing 76 centers in 19
     states.  Under terms of the deal, expected to close in the
     3Q, Family Golf will issue "approximately" 1.15 million
     shares of its stock.  Family Golf Chair & CEO Dominic Chang
     said Eagle Qwest's locations "perfectly complement" his
     company's regional concentration in the Northeast,
     Southeast, Upper Midwest and West (DOW JONES/NEWSDAY, 4/3).
          LINKS: Vancouver-based ski resort developer Intrawest
     plans to buy a 95% stake in AZ-based Raven Gold Group, which
     owns two upscale public golf courses and has management
     contracts for three more in the U.S., according to Peter
     Kennedy of the FINANCIAL POST.  The other 5% of the company
     will be retained by Raven's Owner-Operator Larry Lippon, who
     will become President of Raven/Intrawest Golf Group. 
     Intrawest said the deal "gives it the management and
     expertise to pursue growth in the golf resort business." 
     Acquisition prices were not disclosed (FINANCIAL POST, 4/6).

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Finance, US West/Qwest

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