The second time was the charm for Big 5’s acquisition by Worldwide Golf Group and its PE backer Capitol Hill Group, as BGFV shareholders gave the thumbs up with 85% of votes cast in favor of the deal during a special meeting held Sep. 26. The transaction, executed through Worldwide’s subsidiary WSG Merger LLC, is expected to be completed imminently. A special meeting scheduled for earlier last week had been postponed due to the number of submitted votes not reaching quorum.

The West Coast retailer will become a wholly owned subsidiary of ... Log in to view full article.