A winner will be selected after an auction scheduled for Wednesday. The goal is to close a sale, which a U.S. bankruptcy court judge must approve, before the start of the holiday shopping season.
Golfsmith may also reorganize its debt and emerge from bankruptcy with the support of its existing lenders.
As part of its bid, Worldwide Golf would keep open a number of Golfsmith's existing U.S. stores, the person said. While Golfsmith operated 109 U.S. stores at the time of its bankruptcy filing last month, and has been closing stores since then, Worldwide Golf has 85 stores operating under names including Roger Dunn Golf Shops and Golfers' Warehouse in 19 states.
Dick's operates its own specialty golf shops, Golf Galaxy, and it's unclear what Dick's plans are for Golfsmith. Earlier this year, Dick's won the auction for the intellectual property of bankrupt competitor Sports Authority Inc with a bid of $15 million.
Golfsmith last month announced a deal to sell its Canadian shops, operating under the name Golf Town, to a group led by Fairfax Financial Holdings Ltd (FFH.TO).and CI Investments Inc.
【Dick's prepares bid for bankrupt retailer Golfsmith's U.S. stores: sources】相关文章:
★ 语言文化差异的"风险" A conversation that translates
最新
2016-11-11
2016-11-02
2016-11-01
2016-11-01
2016-11-01
2016-10-28