BRUNSWICK, CLASSIC PRODUCTS DEAL IS OFF

Brunswick Bowling Products announced today that the previously proposed acquisition of Classic Products Corp. — including its four distribution warehouses, inventory, receivables, payables and operational systems — has been amicably terminated due to input from various business partners, a change in strategic direction, and failure to reach an agreement on key terms.

According to a media release, Brunswick Bowling Products and Classic Products Corp. have reached a mutual agreement to terminate the previously announced planned acquisition, originally announced on Dec. 16. As a result, the two companies will continue operations independently following the cancellation of the acquisition.

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