Family makes Pinehurst its last resort.

• Position: Pinehurst Resort - KSL Capital Partners - Brief article

Dallas-based ClubCorp agreed to sell Pinehurst resort to the family of company founder Robert Dedman, who died in 2002. The Dedmans own about 70% of ClubCorp stock. In a separate transaction, ClubCorp agreed to sell itself to Denver-based KSL Capital Partners. Together, the deals are worth $1.8 billion. ClubCorp owns or operates more than 170 golf courses, clubs and resorts--including 10 in North Carolina, seven of...