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Titleist Owner Acushnet Files For IPO Despite Recent Downturn In Golf Play In U.S.

Published in SportsBusiness Daily on 06 / 21 / 16

Acushnet, which owns golf brands Titleist and FootJoy, filed for an IPO yesterday, "despite a recent downturn in golf play in the U.S.," according to Austen Hufford of the WALL STREET JOURNAL. Acushnet plans to "use ticker symbol 'GOLF' and seeks to raise" as much as $100M for its shareholders who a...

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Tags: Finance, Golf

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