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Callaway, Topgolf to Merge in $2 Billion Deal Meant to Propel Golf Venue Business

Deal to Help Fund Topgolf's International and Domestic Expansion
Colton Underwood and Cassie Randolph join thousands in Topgolf's Guinness Book World Record attempt for most golf balls hit simultaneously at Oracle Park in San Francisco. (Getty Images)
Colton Underwood and Cassie Randolph join thousands in Topgolf's Guinness Book World Record attempt for most golf balls hit simultaneously at Oracle Park in San Francisco. (Getty Images)
CoStar News
October 27, 2020 | 10:57 P.M.

Golf equipment giant Callaway and Topgolf, an operator of high-tech driving ranges and other venues, reached a deal valued at $2 billion to create a global golf and entertainment company as the sport undergoes a surge in popularity in the pandemic.

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