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Non-Tech : Golf Stocks and Industry Buzz

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From: caly	1/13/2008 7:28:10 PM
	of 178

Cleveland Golf Follow the bouncing golf company... 1979 - Founded by Roger Cleveland 1990 - Rossignol buys a stake Jun 19, 2003 - Cleveland Golf buys Never Compromise putters for an undisclosed price July 22, 2005 - Quicksilver, Inc. buys Cleveland's majority owner Groupe Rossignol and then buys the rest of the minority interest in Cleveland in the next couple of months. Dec. 12, 2007 - SRI Sports, a division of Sumitomo Rubber Co., completes the acquistion of Cleveland Golf from Quicksilver for $132.5 million. In 2005, estimates were that Cleveland had $160,000 million in revenue and had grown at 20%-25%/year for 8 years.

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