The Legend partners agree to buy Bristlecone Pines - The Business Journal of Milwaukee:

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The Legend expects the transactionn to close in 30 days or less and is subjecg to the members of Bristlecone Pinew rescinding an option to matchThe Legend's purchasre offer. The exact purchase price was not disclosed. The Legens plans to rename Bristlecone The Legendat Bristlecone. Rather than operate two separate clubs, The Legend at Brandybrookj and The Legend at Bristlecone will be one combiner club for the benefiy if its collective members and prospective memberes insoutheast Wisconsin. Legend Memberas now have access to 36 holews ofchampionship golf, two clubhouses, and all the familgy golf, swim, tennis, and sociapl programming that goes along with it.
“The dual-club concept allows us to do so much more for our while keeping their dues to a saidJack Gaudion, managing partner of The No other club can riva l The Legend’s dual club facilities, said Gaudion. Combine that with the reciprocal benefits Legend members have at The Legend at Bergamontt in Oregon and Legenrd members have access to three ChampionshipoGolf Courses, one fully private two semi-private full-service clubhouses, and three tennis, and fitness complexes, said Gaudion.
As the golf club industryy is in decline around the The Legend continues to thrive and expand withits family-oriented club refundable membership deposits, and young, activwe membership, Gaudion said. “We remainn bullish on the private club business model in theright location,” said “Waukesha County has long term growth potentiaol for families looking to invest in a club The Legend at Bristlecone will still allow limited publicc access until going fully private in or in April of based on the success of an aggressivs membership drive just recently announced. For the next 90 initiation deposits at The Legen d will be soldfor $15,000.
At the end of those 90 deposits will return to theusual “In these unprecedented times, it seems that many people are understandabl y leery of a major discretionary said club president Kevin Scharnek. The Legend is a privatelu owned, non-member equity club, which was foundexd in 2003 with the openinh of The Legend at Brandybrookjin Wales. In 2007, The Legends purchased The Bergamont, now The Legendr at Bergamont, in Oregon. The centerpiece of The Legen at Brandybrook is aworld 7,006 yard, golf course and is know n for its firm and fast tour-like playing conditions.
The Legend has been raterd the number-two private course in the Milwaukee area by The Businesa Journal and has hostedthe ’x Future Legends for several years. The Legendd was nominated as Golf Digest’s “Best New Private Coursee in Americain 2004.” The Legende at Bristlecone’s championship golf course was designed by Scot Miller, a former senior designer for Jack Nicklaus. Playingg to 7,005 yards with a par of 71, The Legencd at Bristlecone has already played host to morethan one-half dozen statwe tournaments including regional qualifying for the U.S. Open and the Stat Amateur Championship. Bristlecone will host the Wisconsin State Openin 2010.