May 9 (Reuters) - Golf Digest Online Inc 3319.T :
* Says the co forms a business and capital alliance with
U.S.-based firm GolfTEC Enterprises, LLC which is engaged in
operation of franchise stores in U.S. and Canada and golf lesson
service business
* Says the co to buy a 8.3 percent stake in GolfTEC
Enterprises with price to be determined
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Keywords: GDO/BRIEF