Acushnet Sells Cobra Golf to Puma

The Acushnet Company - the golf company of Fortune Brands, Inc. - is the owner of the Titleist and FootJoy brands. And the Cobra Golf brand. But not for long. Acushnet has agreed to sell Cobra to Puma, whose golf business has heretofore been limited to accessories such as shoes and apparel. "With the sale of Cobra, we have the opportunity t...

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