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Golf retailer Golfsmith files for IPO

March 14, 2006

Golfsmith International, a specialty retailer of golf equipment, apparel and accessories, registered for an initial public offering Tuesday evening. The Austin, TX-based firm generated $324 million in revenue for the 2005 fiscal year. Merrill Lynch, JPMorgan and Lazard will underwrite the deal. Terms and timing have yet to be disclosed.