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Mystery Bids In For Titleist
March 12, 2011
Offers are in for Titleist and Footjoy—Fortune Brands’ golf units—but the identities of the bidders is as of yet unknown, according to a Reuters report. Speculation, however, names Adidas, Nike and perhaps Roger Cleveland Golf as well as several equity companies.
Srixon has been mentioned in previous reports as a possible bidder.
My money always has been on an out-of-the-box pick: Under Armour.
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