LiquidGolf Holding Corporation announced the execution of a Letter of Intent to acquire RG Golf, the parent company of Golfwarehouse.com.
“The technology platform, customer service and fulfillment operations of LiquidGolf will be able to provide Golfwarehouse.com’s customers the very best golf equipment buying experience,” said Dwain Brannon, LiquidGolf chairman and CEO.
“The acquisition will enable Golfwarehouse.com to offer more value to our customers through programs such as the E-Z Pay installment payment plan, which provides golfers with the ability to enjoy pro-line golf clubs today while extending payments over time,” said Ron Ploog, RG Golf President.
The Letter of Intent which was executed by both parties provides for the negotiation of the final purchase and sell terms, is non-binding on both parties and subject to the completion of due diligence considered normal and customary in transactions of this type.
