Eric Affeldt

Imperial Capital has upgraded ClubCorp Holdings Inc (NYSE: MYCC) to Outperform from In Line, saying shareholder pressure will result in unlocking value for the company. Furthermore, the brokerage sees the company as a potential acquisition target. The upgrade comes after FrontFour Capital, a 3.4...

Directly addressing the notion that golf is struggling, ClubCorp (NYSE: MYCC) CEO Eric Affeldt told Benzinga that statement was a radical oversimplification. "There are sectors in golf like us who are doing quite well," Affeldt said, "and there are sectors like the retail side...