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Did Callaway Golf Sink A Birdie By Buying Topgolf At A 50% Discount To IPO Price?
Monday, November 2, 2020 - 6:50pm | 421Topgolf was an IPO candidate earlier this year, but will instead merge with golf equipment and apparel seller Callaway, a minority investor in the company. What Happened: Callaway Golf Company (NYSE: ELY) announced last week it's combining its business with Topgolf, a leader of golf...
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Exclusive: Callaway Golf CEO Talks Jack Wolfskin, Epic Flash Driver And How AI Will Change The Industry
Monday, March 4, 2019 - 4:45pm | 1178When Nike Inc (NYSE: NKE) exited the golf club business in 2016, Callaway Golf Co (NYSE: ELY) was arguably the greatest beneficiary of the consolidating industry. Since then, the company has been on a tear, emerging as a leader in global golf club manufacturing. The company has also made several...
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Raymond James: Callaway's Latest M&A Deal 'Dramatically' Changes Business
Wednesday, December 5, 2018 - 11:19am | 596Callaway Golf Co (NYSE: ELY)'s acquisition of German apparel brand Jack Wolfskin has fundamentally changed the composition of the business, according to Raymond James. Shares Dip On M&A Announcement Callaway announced Friday that it entered into an agreement to acquire Jack Wolfskin...
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As GOLF Goes Public, Look At Competitor Callaway's Recent Figures
Friday, October 28, 2016 - 1:54pm | 426Acushnet Holdings Corp. (NASDAQ: GOLF) began trading for the first time on a public exchange Friday. The company manufactures golf equipment and is the parent company of the Titleist and Pinnacle brands. According to a Bloomberg report from August, fewer people are playing golf today — which...