Callaway Golf’s Latest Acquisition Is in the Bag

Callaway Golf (NYSE: ELY) is teeing up a fresh acquisition. The company announced it has purchased privately held OGIO International, a maker of specialty luggage, in an all-cash transaction for $75.5 million. Although OGIO International carries a line of golf bags, most of its goods lie in other product categories, such as general athletic bags, trail packs, and travel luggage. …read more

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