Adidas Adds Ashworth To Its Golf Line-up

2008-10-13T00:00:00

TaylorMade-Adidas Golf (TMAG) has signed a deal to buy all the outstanding shares of Ashworth for $1.90 per share in cash, representing a total value of $72.8 million including the assumption of $46.3 million worth of debt. TMAG will carry out the transaction under the condition that a majority of ...

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