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The class of wedges grew out of the need for a better club for playing soft lies and short shots. Prior to the 1930s, the best club for short "approach" shots was the "niblick", roughly equivalent to today's 9-iron or pitching wedge in loft; however the design of this club, with a flat, angled face and virtually no "sole", made it difficult to use in sand and other soft lies as it was prone to ...
Ping, Inc. (stylized as PING) is an American sports equipment manufacturing company based in Phoenix, Arizona. It focuses on golf equipment , producing golf clubs and golf bags . The company was founded by Karsten Solheim , following a career as an engineer at the General Electric company.
On May 20, 2011, Fortune Brands, Inc. announced an agreement for the sale of its Acushnet Company golf business, including the Scotty Cameron brand, to a group led by Fila Korea Ltd., for $1.225 billion in cash. [1] According to Gene Yoon, chairman of Fila Korea, the acquisition provides them with well-known brands to sell in emerging markets ...
Though technically a wedge, pitching wedges are generally treated as if they were numbered irons.This is for a number of reasons: first, before the term "wedge" became common for high-loft short irons, the pitching wedge was actually numbered as the "10-iron" of a matched set, and to this day it follows the normal loft progression of the numbered irons.
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PayPal went public on 15 February 2002 and was bought by eBay for $1.5 billion in October of that year. [40] Thiel remained CEO of the company until the sale. [5] His 3.7% stake in the company was worth $55 million at the time of acquisition. [41] In Silicon Valley circles, Thiel is colloquially referred to as the "Don of the PayPal Mafia". [42]
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