Low Margins Hurt Ashworth, Which May Be Up For Sale

2006-01-09T00:00:00

Ashworth says it continues to explore strategic alternatives and options, including the sale of the company, acting through the U.S. investment bank of Houlihan, Lokey, Howard & Zukin. One of its major shareholders, Discovery Equity Partners, has suggested that a sale of the California-based golf apparel company could yield $168 ...

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