A Jack Nicklaus golf services business will sell its jet for nearly $7.4 million to a Texas-based company as part of its bankruptcy case.
The Gulfstream Aerospace G-V aircraft owned by Nicklaus Cos. affiliate N1JN-V LLC will be sold to Global Destinations LLC, according to a notice filed Monday in the US Bankruptcy Court for the District of Delaware.
The sale of the company plane comes after an investment group led by the golf legend won bankruptcy court approval last month to buy the brand and assets of golf services business for $35.7 million. The deal came after years of ...