Report: Topgolf Callaway May be For Sale
MODG responded with a statement that it was unaware of any discussions about selling the business, following a report in South Korean newspaper the Chosun Daily that a South Korean entity is in the running to acquire the company. According to the story, Topgolf Callaway’s four largest shareholders, who own about 34% of its stock, plan on spinning-off the Topgolf business that it acquired back in 2020, and selling ... Log in to view full article.