NEW YORK--(BUSINESS WIRE)--
First paragraph, second sentence of release dated August 10, 2017 should read: Under the terms of the deal, ClubCorp shareholders will receive $17.12 in cash... (instead of $217.12 in cash).
The corrected release reads:
THE LAW OFFICES OF VINCENT WONG NOTIFIES INVESTORS OF AN INVESTIGATION INTO POSSIBLE BREACHES OF FIDUCIARY DUTY BY THE BOARD OF CLUBCORP HOLDINGS, INC. IN CONNECTION WITH THE SALE OF THE COMPANY TO APOLLO GLOBAL MANAGEMENT, LLC
The Law Offices of Vincent Wong are investigating the Board of Directors of ClubCorp Holdings, Inc. (NYSE:MYCC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Apollo Global Management, LLC. Under the terms of the deal, ClubCorp shareholders will receive $17.12 in cash for each share of ClubCorp stock they own.
The investigation concerns whether the ClubCorp Board of Directors breached their fiduciary duties to ClubCorp stockholders by failing to adequately shop the Company before entering into this transaction and whether Apollo is underpaying for ClubCorp shares, thus unlawfully harming ClubCorp stockholders.
If you own common stock in ClubCorp and wish to obtain additional information, please contact Vincent Wong, Esq. either via email [email protected], by telephone at 212.425.1140, or visit http://docs.wongesq.com/MYCC-Info-Request-Form-1673.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
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