Nats' Lerner Seized Opportunity With Scherzer WME-IMG Acquires eSports Agency Nats, Scherzer Deal Includes $105M Deferral Nationals Go For Broke With Scherzer Signing FanDuel Quadruples Revenue Generated Whistle Sports Closes Latest Round Of Financing Acushnet Could Go Public By '16 WPP Invests $250M Into Bruin Sports Capital Land Swap Could Result In Spring Training Facility NeuLion Agrees To Buy Streaming Outfit DivX
Upcoming Conferences and Events
ADIDAS ACQUIRES SALOMON; GETS GOLF PRESENCE WITH TAYLOR MADE
Published September 16, 1997
Salomon S.A. of Annecy has sold "controlling interest" to adidas, which makes adidas the corporate parent of Taylor Made Golf, according to the SAN DIEGO UNION-TRIBUNE. Salomon, which makes ski equipment and bicycle components "among other things," has owned Taylor Made since 1984. The "rumored transaction price" for the deal was $1.5B, although that number was "not confirmed." Taylor Made Senior Marketing Manager Brian Fortini: "We are excited about it. It brings resources to us that permit us to pursue a number of strategic growth initiatives" (UNION-TRIBUNE, 9/16).