Callaway is making some big changes. They're selling most of their Topgolf shares for about $1. 1 billion. This ends a 19-year partnership. The buyer is a private-equity firm from Los Angeles called Leonard Green. Topgolf is a fun golf entertainment place. It's known for its high-tech ball tracking. Callaway saw its potential early on. They invested in 2006. Over ti...
Topgolf Avon has been a game-changer since its grand opening in September. Nestled along Chester Road, this two-level golf haven has quickly become a favorite spot for locals. With 64 climate-controlled hitting bays, a full-service kitchen, and a bar stocked with a variety of beverages, it's no surprise that the community has embraced this new addition. The facility...
Imagine a sprawling, inflatable sports dome, cradling two fields, and bustling with activity 24/7. Sounds like a game-changer, right? A 142,000-square-foot dome on a 48-acre site in Tinley Park. But what's the big idea? Will it bring in the crowds and breathe new life into the area? Or will it be a non-starter? The dome would be used primarily for training in spo...
Topgolf Callaway Brands Corp. (MODG) just announced a plan to split into two separate companies – one focused on golf equipment and the other on the ever-growing world of Topgolf entertainment venues. But is this really the best way to maximize shareholder value? Let's tee off and explore. The plan is to spin off Topgolf, giving MODG shareholders ownership in bot...