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In 2012, Adams Golf was acquired by TaylorMade Golf (which was owned by Adidas by then) for USD 10.80 per share in cash (roughly 70 million). As a result, Adams was added to the corporation set of golf brands, such as Adidas Golf and TaylorMade–adidas Golf. TaylorMade assured that Adams' headquarters in Plano, Texas, would remain. [2]
A golf club is a club used to hit a golf ball in a game of golf.Each club is composed of a shaft with a grip and a club head. Woods are mainly used for long-distance fairway or tee shots; irons, the most versatile class, are used for a variety of shots; hybrids that combine design elements of woods and irons are becoming increasingly popular; putters are used mainly on the green to roll the ...
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R7 460 (Largest legal head by rules of golf, 460cc with 2 movable weights) R7 Superquad (4 movable weights in a 460cc head) R7 Draw (Preset draw bias to correct slice: Only club in the R7 line not to have Movable Weights) R7 CGB Max (Triangular shaped 460cc head to increase forgiveness with only 3 Movable Weights)
This was the reason Golfsmith owed $5.5 million to Callaway Golf Co., $5.1 million to Taylormade Golf Co. Inc., $3.5 million to Nike, $2.3 million to PING Inc. and $2.1 million to Titleist. Golfsmith CEO David Roussy blamed "a recession-driven decline in golf participation and an oversized brick-and-mortar retail presence" for its situation.
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