Topgolf Callaway Brands to split into two companies

📆 2024-09-05 00:05:00
📰 YahooFinanceCA

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

Topgolf Callaway Brands Nyheter

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

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

Skriv Kommentar

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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...
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »

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.
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »