The Callaway golf company is selling off 60% of its stake in its Topgolf business at a significantly discounted valuation, and changing its name back to what it was before the business was purchased.
Source: https://www.marketwatch.com/story/callaway-golf-is-selling-off-most-of-topgolf-on-the-cheap-and-ditching-the-name-7e1bbfe6?mod=mw_rss_topstories
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