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PGA | Benzinga


Facebook Inc (NASDAQ: FB) wants to take you in for the ball game.
According to reports earlier this week, the company is in talks to live stream one Major League Baseball game per week in the 2017 season, a move to keep users engaged a bit longer and help boost ad revenue.
In April 2016, Facebook. Read More. ....

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Korean PEF clinches $1.6 bn TaylorMade Golf acquisition


Courtesy of TaylorMade Golf
South Korea s lesser-known private equity firm Centroid Investment Partners has acquired US sports equipment manufacturing firm TaylorMade Golf Co. for 1.8 trillion won ($1.7 billion), marking the largest-ever acquisition in the golf goods industry.
The cross-border transaction became the six-year-old PEF s first deal in the billion dollar range, beating four other unidentified shortlisted candidates, including a global strategic buyer, according to investment banking sources on May 11.
Centroid Investment has signed a share purchase agreement with the US-based KPS Capital Partners that is set to pocket more than four times its investment from the exit in four years. It took over TaylorMade from Adidas for $425 million in May 2017. ....

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Why Acushnet Holdings Is Trading Higher Today


Why Acushnet Holdings Is Trading Higher Today
Acushnet Holdings (NYSE:GOLF) shares are trading higher after the company reported better-than-expected Q1 results and issued FY21 sales guidance above consensus estimates.
Acushnet Holdings stock is trading up 17.22% to a price of $50.38. Thursday the stock has been traded at a volume of 783.20 thousand, about 365.65% of its recent 30-day volume average of 214.19 thousand.
The stock s 50-day moving average was $42.6 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $47.67 and fallen to a low of $26.13.
If you re looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more. ....

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