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BRIEFLY

September 23, 1992|From Times Staff and Wire Reports

New Laaco Unit to Provide Management Services: Laaco Ltd. has announced the formation of Club & Resort Management, a new unit that will provide management services to country clubs, yacht clubs, city clubs, athletic clubs, golf courses and resorts. Laaco was formed at the turn of the century to acquire and operate the Los Angeles Athletic Club. Laaco now owns and operates the Athletic Club, along with the California Yacht Club and a number of real estate holdings.