Golfsmith Deal Par For The Course (GOLF, ADGF, ELY, NKE)

Posted on May 16, 2012 at 13:53 PM EDT

Golfsmith recently agreed to sell itself to Golf Town. For $6.10 a share, Golfsmith shares are being valued at 1.5 times book value for a business that has lost money over the past three years.

Related Stocks:

Callaway Golf Co. Golfsmith International Holdings, Inc. Nike Inc. Cl B

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