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Non-Tech : Golf Stocks and Industry Buzz -- Ignore unavailable to you. Want to Upgrade?


To: richardred who wrote (16)1/14/2008 2:16:26 PM
From: caly  Read Replies (1) | Respond to of 178
 
Thanks for the post. That was another follow the bouncing-golf-company ordeal for me. TearDrop Golf was actually publicly traded at one point under the symbol TDRP.

The relevant history...

11/1997: TearDrop acquired Tommy Armour for $10 million cash, $10 million in preferred stock and 1 million shares of TDRP common stock

12/1997: TearDrop acquired Ram for $2.7 million cash and 83,000 shares of TDRP stock. I believe the Zebra brand putter was developed by Ram.

12/2000: TearDrop files for Chapter 11 bankruptcy.

3/2001: TearDrop sells all of its assets to Gen-X Sports for $18 million

6/2002: Huffy buys Gen-X Sports for $19 million cash and 5
million shares of Huffy stock.

11/2005: Huffy files for Chapter 11 bankruptcy.

Then finally...

9/2007: Hilco Trading Company buys the golf unit from Huffy for an undisclosed amount.