Brunswick to sell retail bowling business to Bowlmor AMF for $270M

• Brunswick (NYSE:BC) agrees to sell its retail bowling business to Bowlmor AMF for $270M, and says it plans to divest its bowling products business by the end of the year.
• As a result of the sales and associated discontinued operations treatment, BC estimates 2014 free cash flow from continuing operations will decline by $35M-$40M but continues to believe it will achieve the long-term financial targets included in its three-year plan.