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March 2010
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Archive for March 2010

Rancho Mañana Golf Club Honored as Top 10 Courses-Public

Rancho Mañana Golf Club has been honored a second time within a month as Ranking Arizona just listed Rancho Mañana in the Top 10 for public golf courses in Arizona.  “With hundreds of great courses in the state, we couldn’t be happier about the top 10 ranking,” said Dale Samar, General Manager of the club.

Rancho Mañana was also honored by Golf Digest Magazine as one of the “Top 50 Courses for Women” in the current March 2010 issue.  Listed as #38 in the country, Rancho Mañana is one of only three Arizona courses to make the list. 
 
Rancho Mañana Golf Club, located in the heart of the Sonoran Desert in historic Cave Creek, Arizona, just minutes from Scottsdale and Phoenix, features an 18-hole, par 70, championship course with dramatic elevation changes, spectacular views and unspoiled desert terrain. Tee times can be made by calling 480-488-0398 or online at www.ranchomanana.com.

Acushnet Company Agrees to Sell Cobra Golf Brand to Puma AG

Fairhaven, Massachusetts - Acushnet Company, the golf business of Fortune Brands, Inc. (NYSE: FO),
announced recently that it has signed an agreement for the sale of Cobra Golf to PUMA AG. The sale includes the Cobrabrand, as well as related inventory, intellectual property and endorsement contracts, and is subject to customaryclosing conditions and regulatory approvals.

Acushnet also announced plans to continue to provide services for an agreed upon period of time beyond the closing
of the sale to facilitate a seamless transition. Services such as production, distribution, field sales and customer
service will ensure that Acushnet Company’s Cobra trade accounts and golfers continue to receive industry-leading
service during this transition period.

“With the sale of Cobra, we have the opportunity to devote all of our resources to the global growth of our industryleading Titleist and FootJoy brands,” said Wally Uihlein, Chairman and CEO of Acushnet Company. “At the same time, is a strong brand with a heritage of innovation, and we wish the quality associates guiding the brand future success. Golfers and our valued partners will remain the key focus throughout the impending sale and we are
confident that our customers will continue to be serviced to our high standards.”
Pending regulatory approval, the effective date of the sale of Cobra Golf to PUMA is expected to be early in the second quarter of 2010, and all business will continue to be conducted by Acushnet Company until that time. All Acushnet Company associates dedicated to the Cobra business are expected to become employees of PUMA. Financial terms of the pending transaction were not disclosed.

“Titleist and FootJoy are powerful golf brands that are poised for long-term growth,” continued Uihlein. “This laser
focus and our longstanding commitment to deliver superior performance and quality will strengthen golfers’ trust in the Titleist and FootJoy brands in all global markets.”

Massachusetts area golf course information can be found at Connecticut’s Golf and New Hampshire’s Golf.

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