GOLF News

Holzer Holzer & Fistel, LLC Announces Investigation into the Proposed Buyout of Golfsmith International Holdings Inc.

2012-05-14 14:31 ET - News Release

ATLANTA -- (Business Wire)

Holzer Holzer & Fistel, LLC is investigating whether the directors of (“Golfsmith” or the “Company&rdquo (NASDAQ: GOLF) complied with their fiduciary duties in approving the proposed acquisition of the Company by Golf Town. According to the Company’s announcement, if the deal closes Golfsmith shareholders will receive $6.10 per share of GOLF owned. The firm’s investigation seeks to determine, among other things, whether the consideration to be paid to Golfsmith’s shareholders is fair and adequate.

Current holders of GOLF common stock with questions concerning their legal rights are encouraged to contact Holzer Holzer & Fistel, LLC and its attorneys Michael I. Fistel, Jr., Esq., or Marshall P. Dees, Esq. via email at mfistel@holzerlaw.com , or mdees@holzerlaw.com , or via toll-free telephone at (888) 508-6832.

Holzer Holzer & Fistel, LLC dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer Holzer & Fistel, LLC has paid for the dissemination of this promotional communication, and Michael I. Fistel, Jr. is the attorney responsible for its content.