BDGABritish Disc Golf Association
BDGABluegrass Disc Golf Association (Lexington, KY)
BDGABrunei Darussalam Golf Association
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We have provided BDGA five weeks to complete due diligence, secure committed financing and execute an agreement on terms acceptable to Federated, and despite good faith efforts by both sides to accomplish this, committed financing has yet to be secured and a transaction has yet to be finalized," said Ronald W.
The BDGA has received letters of intent for an underwritten bank financing.
The BDGA hopes to shortly provide Federated with sufficient financial comfort to enter into a definitive agreement.
The possible transaction is subject to additional due diligence by BDGA, as well as BDGA being able to obtain financing necessary to complete the transaction.
We are pleased that we have been able to enter into this letter of intent with BDGA and, although there are no guarantees of a successful outcome, we are hopeful that we will be able to conclude a transaction with BDGA," said Ronald W.