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The 18th Annual Robert M. Clinger III Invitational Golf Tournament

~ Lisa Burkey ~ Leave a comment

FOR IMMEDIATE RELEASE
The 18th Annual Robert M. Clinger III Invitational

Myrtle Beach, South Carolina, February 20, 2024—The 18th Annual Robert M. Clinger III Invitational was contested on Monday, February 19, 2024 at The Dunes Golf & Beach Club in Myrtle Beach, South Carolina. Eighty players ranging in age from thirteen to eighty-two competed for the coveted Obelisk of Victory and the title of Invitational Champions. The competition began shortly before noon with a shotgun start, and players enjoyed sunny but chilly and breezy weather conditions. This marks the third year in a row with generally favorable weather conditions, a trend that has historically been uncharacteristic of The Invitational.
The Dunes Golf & Beach Club Head Professional Holden Patterson, PGA, presented the results of The Invitational in the ballroom at 5:00 PM.

First Place Team: Morgan Deneen, Brad Hornick, Dannyelle Hornick, Cole Hornick (-12)
Second Place Team: Robert M. Clinger III, Larry Yarnell, Steve Vogel, Greg Brastow1 (-7)
Third Place Team: Wilson Gandy, Lawrence Whitney, Collins Wakefield, Jackie Stokes (-7)

Morgan Deneen scored the first hole-in-one in the history of The Invitational on the fifth hole (“Ambush”). Ironically, the ace didn’t count on the scorecard for the winning team, as they were required to use the tee shot of another player2.

The Executive Committee certified these results at 5:13 PM local time and announced the projected date of the 19th Annual Robert M. Clinger III Invitational as Monday, February 17, 2025. The 19th Annual Robert M. Clinger III Invitational is currently closed to new participants.

1 Second place was decided by a scorecard playoff.
2 By rule, every team must use each player’s tee shot twice on holes 1-9 and 10-18. The fifth hole was their final hole, and they had yet to use the second tee shot of another player; thus, Mr. Deneen’s hole-in-one wasn’t reflected on their scorecard.

More information regarding the Invitational can be found on the tournament website, http://www.ClingerInvitational.com.

About Mr. Clinger—Robert M. Clinger III is the founder of Highland Global Business Valuations, a strategic advisory and business valuation consultancy. He has strong experience in the fields of business valuation, financial analysis, and mergers and acquisitions of privately-held enterprises. Mr. Clinger earned a Bachelor of Science degree in Business Administration/Finance, summa cum laude, from Coastal Carolina University and received the distinguished President’s award. Mr. Clinger has also earned the Certified Valuation Analyst (CVA) designation from the National Association of Certified Valuators and Analysts (NACVA), the Certified Business Appraiser (CBA) designation from the Institute of Business Appraisers (IBA), and the Licensed International Financial Analyst (LIFA) from the International Research Association.

About The Dunes Golf & Beach Club—The Dunes Golf & Beach Club was built in 1948 and, after seventy-five years, remains the premier country club in Myrtle Beach. The course was designed by Robert Trent Jones and has ranked in the top 100 courses in the nation for much of its history. The Dunes Club hosted the 2014 PGA Professional National Championship, six Senior Tour Championships in the 1990s, one USGA Women’s Open and several PGA Tour Q-School finals. The Dunes Club is also the host of the PGA Tour’s Myrtle Beach Classic starting in May 2024.

Press Contact:
The Robert M. Clinger III Invitational Executive Committee
http://www.ClingerInvitational.com

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The 17th Annual Robert M. Clinger III Invitational Golf Tournament

~ Lisa Burkey ~ Leave a comment

FOR IMMEDIATE RELEASE

Myrtle Beach, South Carolina, February 21, 2023—The 17th Annual Robert M. Clinger III Invitational was held on Monday, February 20, 2023 at The Dunes Golf & Beach Club in Myrtle Beach, South Carolina.  Competition commenced shortly after 12:00 PM with a shotgun start.  Sixty-eight players enjoyed sunny skies, with no chance of rain, light winds and a high of nearly seventy degrees as they competed for the Obelisk of Victory.        

At the completion of the competition, the winners were announced following lunch in the ballroom at The Dunes Golf & Beach Club.  

First Place Team:  EJ Golden, Chuck Seward, Jameson Hardee, Wes Myers (-12)

Second Place Team: Stephen Kann, Enzo Farrar, John Gooden, Hunter Stokes (-10)

Third Place Team:  Marc Devereux, Bill Young, Philip Coggin, Tommy Brittain, Lee Proctor[1]  (-7)

The Executive Committee certified these results at 4:57 PM local time.  The projected date of the 18th Annual Robert M. Clinger III Invitational was announced as Monday, February 19, 2024.  The 18th Annual Robert M. Clinger III Invitational is currently closed to non-member and non-employee participants.  The event disbanded at 7:30 PM.   

More information regarding the Invitational can be found on the tournament website, www.ClingerInvitational.com.

About Mr. Clinger—Robert M. Clinger III is the founder of Highland Global Business Valuations, a strategic advisory and business valuation consultancy. He has strong experience in the fields of business valuation, financial analysis, and mergers and acquisitions of privately-held enterprises.  Mr. Clinger earned a Bachelor of Science degree in Business Administration/Finance, summa cum laude, from Coastal Carolina University and received the distinguished President’s award.  Mr. Clinger has also earned the Certified Valuation Analyst (CVA) designation from the National Association of Certified Valuators and Analysts (NACVA), the Certified Business Appraiser (CBA) designation from the Institute of Business Appraisers (IBA), and the Licensed International Financial Analyst (LIFA) for the International Research Association. 

About The Dunes Golf & Beach Club—The Dunes Golf & Beach Club is a private golf club built in 1948.  It is recognized as one of Robert Trent Jones’ finest designs. Since its inception, it has proved to be a world class course, offering the best in golf and member services.  The course has consistently been rated the number 1 golf course in Myrtle Beach by Golf Digest, Golfweek and Golf Magazine.  “Waterloo”, hole 13, is the signature hole of the Dunes Club. “Waterloo” has received many accolades and awards as one of the greatest golf holes in the world.  The Dunes Club hosted the 2014 PGA Professional National Championship, six Senior Tour Championships, one Women’s US Open and several PGA Tour Q-School finals.  The Dunes Club will host the PGA Tour’s Myrtle Beach Classic in May 2024.

Press Contact:

The Robert M. Clinger III Invitational Executive Committee

www.ClingerInvitational.com

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[1] The third place finish of 65 (-7) was decided by a scorecard playoff whereby the winners defeated the teams of Trever Rogan, Brett Schumock, Blake Brown & Wilson Gandy and Tom Rice, Lucas Rice & Logan Hjelm.

The 16th Annual Robert M. Clinger III Invitational Golf Tournament

~ Lisa Burkey ~ Leave a comment

Myrtle Beach, South Carolina, February 22, 2022—The 16th Annual Robert M. Clinger III Invitational was held on Monday, February 21, 2022 at The Dunes Golf & Beach Club in Myrtle Beach, South Carolina. Unlike prior years, the 2022 event was marked by mild weather, plenty of sunshine, low winds and no precipitation with the temperature reaching a high of 66 degrees by the shotgun start at noon. The international field included 80 players who competed intensely to secure the coveted Obelisk of Victory.
 

Two teams were tied at 61 (-11). The Executive Committee, professional staff and the competitors agreed to a chip off on the oceanfront lawn to break the tie . Each player was allowed one shot at the flag placed 110 yards from the tee area. Following the chip off, the winners were announced:

First Place Team: Morgan Deneen, Malene Kroboll, Scott Gardner, Mark Stoffel

Second Place Team: Michael Groce, Will Wireman, Kyle Hill, Shane Peters

Third Place Team: Dennis Nicholl, Erik Golden, Logan Hjelm, Trever Rogan

The Executive Committee certified these results at 5:53 PM local time. The projected date of the 17th Annual Robert M. Clinger III Invitational was announced as Monday, February 20, 2023. The event disbanded at 7:18 PM.

More information regarding the Invitational can be found on the tournament website, http://www.ClingerInvitational.com.

About Mr. Clinger—Robert M. Clinger III is the founder of Highland Global Business Valuations, a strategic advisory and business valuation consultancy. He has strong experience in the fields of business valuation, financial analysis, and mergers and acquisitions of privately-held enterprises.  Mr. Clinger earned a Bachelor of Science degree in Business Administration/Finance, summa cum laude, from Coastal Carolina University and received the distinguished President’s award.  Mr. Clinger has also earned the Certified Valuation Analyst (CVA) designation from the National Association of Certified Valuators and Analysts (NACVA), the Certified Business Appraiser (CBA) designation from the Institute of Business Appraisers (IBA), and the Licensed International Financial Analyst (LIFA) for the International Research Association. 

About The Dunes Golf & Beach Club—The Dunes Golf & Beach Club is a private golf club built in 1948.  It is recognized as one of Robert Trent Jones’ finest designs. Since its inception, it has proved to be a world class course, offering the best in golf and member services.  The course has a rating of 75.7 and a slope rating of 144.  Each hole has its own descriptive name to give golfers an idea of what to expect before they tee off. “Waterloo”, hole 13, is the signature hole of the Dunes Club. “Waterloo” has received many accolades and awards as one of the greatest golf holes in the world. 

Press Contact:

The Robert M. Clinger III Invitational Executive Committee

www.ClingerInvitational.com

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Discount Statistics of Closed-End Funds Update for the 1st Quarter 2018

~ Lisa Burkey ~ Leave a comment

This article will update the Highland Global study, “Discount Statistics of Closed-end Funds,” (originally published in November 2005 and updated quarterly) for data relating to the first quarter of 2018. The original article with more details regarding discount statistics of closed-end funds is available at http://www.HighlandGlobal.com. Historic releases of our research can be accessed from our website.

All facts and data as set forth in this report were obtained from sources considered to be reliable. However, Highland Global assumes no liability for the accuracy of the information provided to us by others. Highland Global assumes no responsibility for any liability for damages of any kind resulting from reliance on this report by the reader or any other party. Although we have exerted considerable diligence and applied our best efforts in constructing this document, immaterial anomalies, if any, may arise. Even so, we are confident that our overall results would still fall within a materially consistent conclusion. This report is not to be construed, directly or indirectly, as a recommendation to invest, divest or to lend. Highland Global makes no representations or warranties that the result/research set forth in this report will be accepted by any other third party, including any regulatory or government body federal, state, or local.

Read the full article here

Discount Statistics of Closed-End Funds Update for the 4th Quarter 2017

~ Certified Business Appraiser ~ Leave a comment

This article will update the Highland Global study, “Discount Statistics of Closed-end Funds,” (originally published in November 2005 and updated quarterly) for data relating to the fourth quarter of 2017. The original article with more details regarding discount statistics of closed-end funds is available at http://www.HighlandGlobal.com. Historic releases of our research can be accessed from our website.

All facts and data as set forth in this report were obtained from sources considered to be reliable. However, Highland Global assumes no liability for the accuracy of the information provided to us by others. Highland Global assumes no responsibility for any liability for damages of any kind resulting from reliance on this report by the reader or any other party. Although we have exerted considerable diligence and applied our best efforts in constructing this document, immaterial anomalies, if any, may arise. Even so, we are confident that our overall results would still fall within a materially consistent conclusion. This report is not to be construed, directly or indirectly, as a recommendation to invest, divest or to lend. Highland Global makes no representations or warranties that the result/research set forth in this report will be accepted by any other third party, including any regulatory or government body federal, state, or local.

Download Full PDF Article Here

Discount Statistics of Closed-End Funds Update For The 3rd Quarter 2017

~ Certified Business Appraiser ~ Leave a comment

This article will update the Highland Global study, “Discount Statistics of Closed-end Funds,” (originally published in November 2005 and updated quarterly) for data relating to the third quarter of 2017. The original article with more details regarding discount statistics of closed-end funds is available at http://www.HighlandGlobal.com. Historic releases of our research can be accessed from our website.

All facts and data as set forth in this report were obtained from sources considered to be reliable. However, Highland Global assumes no liability for the accuracy of the information provided to us by others. Highland Global assumes no responsibility for any liability for damages of any kind resulting from reliance on this report by the reader or any other party. Although we have exerted considerable diligence and applied our best efforts in constructing this document, immaterial anomalies, if any, may arise. Even so, we are confident that our overall results would still fall within a materially consistent conclusion. This report is not to be construed, directly or indirectly, as a recommendation to invest, divest or to lend. Highland Global makes no representations or warranties that the result/research set forth in this report will be accepted by any other third party, including any regulatory or government body federal, state, or local.

Download Full Article

Discount Statistics of Cloded-End Funds Update For The 2nd Quarter 2017

~ Certified Business Appraiser ~ Leave a comment

This article will update the Highland Global study, “Discount Statistics of Closed-end Funds,” (originally published in November 2005 and updated quarterly) for data relating to the second quarter of 2017. The original article with more details regarding discount statistics of closed-end funds is available at http://www.HighlandGlobal.com. Historic releases of our research can be accessed from our website.

All facts and data as set forth in this report were obtained from sources considered to be reliable. However, Highland Global assumes no liability for the accuracy of the information provided to us by others. Highland Global assumes no responsibility for any liability for damages of any kind resulting from reliance on this report by the reader or any other party. Although we have exerted considerable diligence and applied our best efforts in constructing this document, immaterial anomalies, if any, may arise. Even so, we are confident that our overall results would still fall within a materially consistent conclusion. This report is not to be construed, directly or indirectly, as a recommendation to invest, divest or to lend. Highland Global makes no representations or warranties that the result/research set forth in this report will be accepted by any other third party, including any regulatory or government body federal, state, or local.

Read Full Article