Apollo Makes $1.1 Billion Wager That Golf Remains a Cash Cow
ClubCorp Holdings Inc., a country-club operator whose houses include California & & #x 2019; s Mission Hills and the Woodlands in Texas. & & #xA 0; Golfsmith International, the most considerable golf chain, sent for insolvency in 2015. Golf & & #x 2019; s core people remain enthusiastic, and Apollo is getting ClubCorp & & #x 2019; s more than 430,000 members– a relied on and rich set of customers.