Crown Organization evaluates options for Woodard division

Staff -- Casual Living, 8/1/2007 12:00:00 AM

The Crown family, owner of Woodard for more than 20 years, is evaluating its portfolio of operating businesses.

Specifically, earlier this year the family divested the majority of their golf and theatre operations and have been engaged in discussions with potential financial and operating partners to evaluate the strategic options for Woodard, but nothing has been finalized at this time.

"The management team fully supports the Crown family during this process of evaluation," said Dean Engelage, president of Woodard. "We remain focused on current execution and are committed to building on our success in the future. Woodard is well positioned for continued growth and improvement."