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3319 — Golf Digest Online News Story

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Brief: Golf Digest Online to acquire 51.9 pct voting power in GolfTEC Enterprise for about 2.13 bln yen

June 1(Reuters) - Golf Digest Online Inc  3319.T 
    
    * Says it plans to acquire 51.9 percent voting power in
U.S.-based
company GolfTEC Enterprises LLC for about 2.13 billion yen 
    * Says it will increase voting power in GolfTEC Enterprises
to
60.0 percent from 8.1 percent after the acquisition 
    * Transaction date on July 2

    
    
    Source text in Japanese:https://goo.gl/Stizcf
    Further company coverage: 3319.T 

 (Beijing Headline News)
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 10 62674724;
Reuters Messaging: huafang.zhang.reuters.com@reuters.net))

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