News Formal

Topgolf Callaway Brands to split into two companies

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 18 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Topgolf Callaway Brands News

Josh Lipton,Callaway

Golf company Topgolf Callaway Brands (MODG) announced it intends to split into two separate companies. The companies will be Callaway, which will house the...

) announced it intends to split into two separate companies. The companies will be Callaway, which will house the equipment and apparel businesses, and Topgolf, which will be the entertainment business. The company expects Topgolf will be spun off, but the board is still evaluating options.Top golf Calloway announcing it intends to split into two independent companies and the stock soaring after hours.

The CEO of top golf Calloway adding in a statement, top golf has a different operating model capital structure and investment thesis than Calloway making a separation of the best solution for both brands. Advent Technologies Receives Nasdaq Notification Regarding Compliance with Listing Requirements and Appoints Three New Directors

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How Eastside Golf is redefining the golf apparel marketLifestyle brand Eastside Golf is expanding its reach beyond traditional country club golfers. Eastside Golf Co-Founder & CEO Earl Cooper joins Wealth! to...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Tim Hortons parent company Restaurant Brands Q2 profit and revenue up from year agoTORONTO — Restaurant Brands International Inc. reported its second-quarter profit and revenue rose compared with a year ago.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »