 NEW YORK--BUSINESS WIRE--Drive Shack Inc. NYSE: DS, the Company, a leading owner and operator of golf-related leisure and entertainment businesses, announced today that it priced its underwritten public offering of 20,833,334 shares of common stock at a price to the public of 2.40 per share for gross proceeds of approximately 50 million. All shares of common stock are being offered by the Company. The Company has granted the underwriters an option for a period of 30 days to purchase up 