Topgolf Callaway Brands (MODG) To Separate Into Two Independent Companies

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Go back to Topgolf Callaway Brands (MODG) To Separate Into Two Independent Companies

TOPGOLF CALLAWAY BRANDS ANNOUNCES INTENT TO SEPARATE INTO TWO INDEPENDENT COMPANIES

September 4, 2024 4:15 PM EDT

Separation Will Create a Leading Golf Equipment and Active Lifestyle Company with Strong Free Cash Flow and the Category Leading, High-Growth, Pure-Play Venue-Based Golf Entertainment Business 

Both Businesses Will Have Strong Balance Sheets, Positive Free Cash Flow and the Required Scale to be Leaders in Their Respective Markets

CARLSBAD, Calif., Sept. 4, 2024 /PRNewswire/ -- Topgolf Callaway... More