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KSL Closing in on ClubCorp

KSL Capital Partners LLC, a private equity firm whose golf portfolio includes PGA West and La Quinta Resort & Club, each in La Quinta, Calif., is closer to acquiring Dallas-based ClubCorp Inc. for a reported $1.8 billion. When the deal is finalized by the end of the year, KSL will control approximately 170 courses in more than two dozen states, as well as more than 40 private clubs around the world.

ClubCorp's resort and golf properties include The Homestead in Hot Springs, Va., and Mission Hills Country Club in Rancho Mirage, Calif. Pinehurst Resort, the fabled flagship of ClubCorp, is not part of the acquisition.


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