RICHMOND, Va. (AP) -- AMF Bowling Worldwide, Inc. and bowling center operator Bowlmor have completed their merger.
Virginia-based AMF proposed the merger in its plan to emerge from Chapter 11 bankruptcy protection.
AMF and Bowlmor said Monday in a news release that the combined company will be called Bowlmor AMF. New York-based Bowlmor and several of AMF's second lien lenders will jointly own the combined company. The lenders include Credit Suisse and an affiliate of Cerberus Capital Management, L.P.
Bowlmor AMF will own 50 percent of Qubica AMF. Qubica makes bowling equipment such as pinsetters and ball returns.
The companies say Bowlmor AMF will be the largest bowling center operator in the world, with 272 centers and 7,500 employees.
Bowlmor CEO Tom Shannon will serve as chairman, CEO and president of the combined company.
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