ClubCorp Reviewing Strategic Alternatives
January 12 2017 - 1:23PM
ClubCorp Holdings, Inc. - The World Leader in Private Clubs®
(NYSE:MYCC) - today announced that the Board of Directors has
established a Strategic Review Committee (the "Committee"), which,
with the assistance of financial advisors, is reviewing and
evaluating alternatives to further enhance shareholder value.
The Committee, comprised of independent directors, is
working closely with the management team to oversee the review
process and will report its findings to the full Board of
Directors.
The Committee is focusing on opportunities to further unlock the
value inherent in the Company. The Committee is evaluating
opportunities with a focus on maximizing value for all
shareholders.
The Company has engaged Jefferies LLC and Wells Fargo
Securities, LLC as financial advisors to assist the Committee.
About ClubCorp (NYSE:MYCC)
Since its founding in 1957, Dallas-based ClubCorp has
operated with the central purpose of Building Relationships and
Enriching Lives®. ClubCorp is a leading owner-operator of private
golf and country clubs and private business clubs in North America.
ClubCorp owns or operates a portfolio of over 200 golf and country
clubs, business clubs, sports clubs, and alumni clubs in 26 states,
the District of Columbia and two foreign countries that serve over
430,000 members, with approximately 20,000 peak-season employees.
ClubCorp Holdings, Inc. is a publicly traded company on the New
York Stock Exchange (NYSE:MYCC). ClubCorp properties
include: Firestone Country Club (Akron,
Ohio); Mission Hills Country Club (Rancho Mirage,
California); The Woodlands Country Club (The Woodlands,
Texas); Capital Club Beijing; and Metropolitan Club
Chicago. You can find ClubCorp on Facebook
at facebook.com/clubcorp and on Twitter
at @ClubCorp.
Investor Relations:
Frank Molina
972-888-6206
Media Relations:
Joele Frank
Jonathan Keehner/Andrew Siegel
212-355-4449
CLUBCORP HOLDINGS, INC. (NYSE:MYCC)
Historical Stock Chart
From Mar 2024 to Apr 2024
CLUBCORP HOLDINGS, INC. (NYSE:MYCC)
Historical Stock Chart
From Apr 2023 to Apr 2024