Callaway to buy remainder of Topgolf
On Tuesday, October, 27th, Callaway and Topgolf announced that they would be merging with Callaway agreeing to buy the remaining stake in the driving range entertainment business in an all-stock deal. Callaway, which first invested in Topgolf in 2006, already owned 14% of the company. The terms of the merger imply Topgolf’s equity value at […]