Home Inns ready to buy Motel 168

Home Inns has entered into a definitive agreement to acquire Motel 168. This addition of 281 hotel locations in 81 cities will further strengthen its leadership with a multi-brand portfolio. US$470 million in cash and stock consideration with the deal closing expected for the fourth quarter of 2011.

Callaway golf bags win gold medals

New Hyper-Lite 4.0 stand bag and Org 14X cart bag lead new lineup of Callaway golf bags, having just won gold medals in Golf Digest's 2011 Golf Bag "Hot List" evaluations.