{"id":3680,"date":"2008-11-20T07:05:35","date_gmt":"2008-11-20T15:05:35","guid":{"rendered":"http:\/\/www.carlsbadistan.com\/?p=3680"},"modified":"2008-11-20T07:06:39","modified_gmt":"2008-11-20T15:06:39","slug":"taylormade-completes-ashworth-purchase","status":"publish","type":"post","link":"http:\/\/www.carlsbadistan.com\/?p=3680","title":{"rendered":"TaylorMade Completes Ashworth Purchase"},"content":{"rendered":"<p><a href=\"http:\/\/www.carlsbadistan.com\/wp-content\/uploads\/2008\/11\/footer-logos-over-02.jpg\" onclick=\"window.open('http:\/\/www.carlsbadistan.com\/wp-content\/uploads\/2008\/11\/footer-logos-over-02.jpg','popup','width=116,height=34,scrollbars=no,resizable=yes,toolbar=no,directories=no,location=no,menubar=no,status=yes,left=0,top=0');return false\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.carlsbadistan.com\/wp-content\/uploads\/2008\/11\/footer-logos-over-02-tm.jpg\" height=\"29\" width=\"100\" border=\"1\" align=\"right\" hspace=\"4\" vspace=\"4\" alt=\"Footer Logos-Over 02\" \/><\/a>There is now officially one less golf company in <em>Carlsbadistan<\/em> as <strong><a href=\"http:\/\/www.taylormadegolf.com\/\" target=\"_blank\">TaylorMade-adidas Golf <\/a><\/strong>has finished its purchase of golf clothing manufacturer <strong><a href=\"http:\/\/www.ashworthinc.com\/\" target=\"_blank\">Ashworth<\/a><\/strong> for $1.90 a share.<\/p>\n<blockquote><p>As a result of the acquisition, Ashworth will become a wholly-owned subsidiary of TaylorMade-adidas Golf and any shares of Ashworth common stock not tendered will be cancelled and converted into the right to receive the $1.90 in cash per share to be paid in the tender offer, without interest and less any required withholding taxes.<\/p><\/blockquote>\n<p>TaylorMade&#8217;s parent company, the adidas Group, has 37,000 employees and generated $10.3 billion in sales in 2007. Seems like a nice family to belong to in these times of economic distress.<\/p>\n<p><strong>[Link: <\/strong><strong><a href=\"http:\/\/www.tradingmarkets.com\/.site\/news\/Stock%20News\/2037806\/\" target=\"_blank\">Trading Markets<\/a><\/strong><strong>]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>There is now officially one less golf company in Carlsbadistan as TaylorMade-adidas Golf has finished its purchase of golf clothing manufacturer Ashworth for $1.90 a share. As a result of the acquisition, Ashworth will become a wholly-owned subsidiary of TaylorMade-adidas Golf and any shares of Ashworth common stock not tendered will be cancelled and converted [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[8,29],"tags":[],"_links":{"self":[{"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/posts\/3680"}],"collection":[{"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3680"}],"version-history":[{"count":2,"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/posts\/3680\/revisions"}],"predecessor-version":[{"id":3684,"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=\/wp\/v2\/posts\/3680\/revisions\/3684"}],"wp:attachment":[{"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3680"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.carlsbadistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}