Apparently Adidas isn’t the only shoe giant sticking their feet into Carlsbadistan’s golf industry. Today Puma AG announced that they have purchased Carlsbadistan based Cobra Golf, according to a post on Businessweek.com.
Herzogenaurach-based Puma said Wednesday it will acquire 100 percent of Cobra Golf, but did not provide any financial details. The deal which faces regulatory approval is expected to close in the second quarter.
Wonder what Cobra Golf’s former owner Acushnet is going to do with Titleist and Footjoy?
[Link: Businessweek]
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