 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 the launch of an underwritten public offering of 50,000,000 of shares of common stock, subject to market conditions. All shares of common stock are being offered by the Company. The underwriters have agreed to purchase all of the shares offered and the Company intends to grant the underwriters an option for a period of 30 days 