Apollo Makes $1.1 Billion Wager That Golf Remains a Cash Cow ClubCorp Holdings Inc., a country-club operator whose homes consist of California & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & #x 2019; & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & s Mission Hills and the Woodlands in Texas. & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & #xA 0; Golfsmith International, the most significant golf chain, sent out for insolvency in 2015. Golf & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & #x 2019; s core individuals stay passionate, and Apollo is getting ClubCorp & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & #x 2019; s more than 430,000 members– a depended on and numerous set of clients.

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