Golf in Spain: golf courses and golf property

Wednesday, November 15, 2006

Costa del Sol. An Ideal place to rest and practise golf

The Costa del Sol region of Spain could be the secret find you talk about for anniversaries to come. This will take you through the lush Spanish countryside, into Moorish villages and medieval ruins, not to mention high-end restaurants with super fresh seafood.
You'll golf Valderrama of course. But there's more than just the storied home of the 1997 Ryder Cup here. Courses like Sotogrande — opened in 1964 and considered the grandfather of golf in the region and still one of the top courses in Europe — and Torrequebrada — where its beauty is equaled by its trickiness — provide more than enough rounds to fill a trip.
"I honestly believe that if I wanted to get away with my wife and another couple on a trip, I'd pick a trip to Spain's Costa del Sol," Ward said. "It's just a beautiful climate — it's always moderate. The people are very friendly and there's a great series of little villages and hilltop views."
Property in Spain near golf courses

Costa del Sol. An Ideal place to rest and practise golf

The Costa del Sol region of Spain could be the secret find you talk about for anniversaries to come. This will take you through the lush Spanish countryside, into Moorish villages and medieval ruins, not to mention high-end restaurants with super fresh seafood.
You'll golf Valderrama of course. But there's more than just the storied home of the 1997 Ryder Cup here. Courses like Sotogrande — opened in 1964 and considered the grandfather of golf in the region and still one of the top courses in Europe — and Torrequebrada — where its beauty is equaled by its trickiness — provide more than enough rounds to fill a trip.
"I honestly believe that if I wanted to get away with my wife and another couple on a trip, I'd pick a trip to Spain's Costa del Sol," Ward said. "It's just a beautiful climate — it's always moderate. The people are very friendly and there's a great series of little villages and hilltop views."
Property in Spain near golf courses

Tuesday, November 14, 2006

Aifos golf

Dick's Sporting Goods Inc. said Monday it has agreed to acquire Golf Galaxy Inc. for about $225 million.
The announcement sent Golf Galaxy shares up $2.67, or 17.1 percent, to $18.32 in aftermarket trading on the INET electronic exchange, after retreating 17 cents to close at $15.65 on the Nasdaq.
Dick's shares rose $1.63, or 3.3 percent, to $50.55 in aftermarket trading, after adding 16 cents to close at $48.92 on the New York Stock Exchange.
Under the agreement, Golf Galaxy shareholders will receive $18.82 for each share of common stock. The offer represents a 20 percent premium over the company's Monday closing stock price.
The deal, which is subject to Golf Galaxy shareholder and regulatory approval, will be financed with Dick's existing credit facility. It is expected to close by Feb. 6.
In addition, Dick's said certain Golf Galaxy shareholders have agreed to vote 19.9 percent of the outstanding common stock in favor of the acquisition. Dick's said it expects the deal to be accretive in fiscal 2007.
Eden Prairie, Minn.-based Golf Galaxy currently operates 61 stores in 24 states, and sells golf equipment online and through a catalog. The company posted $250 million in sales for the year ended Aug. 26.
Peter J. Solomon Securities Co. Ltd. provided financial advisory services to Dick's in connection with the deal.
Golf Property in Spain