Topgolf Callaway Brands to split into two independent companies

Topgolf and Callaway Brands announce plans to separate into two stand-alone companies

Topgolf Callaway Brands Corp. announced Wednesday that its board of directors intends to pursue the separation of its two primary businesses, Topgolf and Callaway, making them two independent companies. In March 2021, Callaway Golf Co. acquired the remainder of Topgolf Entertainment Group that it didn’t already own, valuing the driving range chain at approximately $2…

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