-
Canada’s Golf Town to acquire Golfsmith International
Toronto -- Golf Town, Canada's largest specialty golf retailer, will acquire Golfsmith International Holdings Inc. for approximately $97.2 million. The Canadian company will pay $6.10 per share in cash, which represents a 30% premium over the Austin, Texas-based Golfsmith’s Friday closing stock price of $4.71.
Golfsmith operates 85 stores in the United States.
-
ATCO acquires California Whole Foods outpost
New York -- Manhattan-based ATCO Properties & Management said it has acquired a Whole Foods retail location in Mill Valley, Calif., for $17.3 million.
Situated within the Alto Shopping Center on Mill Valley’s North side, the 23,200-sq.-ft. store opened a year ago and has established itself as one of the chain’s best performers, according to ATCO senior VP Damon Hemmerdinger.