Golf Industry News - due diligence process
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TearDrop Golf, the struggling owners of Ram and Tommy Armour, have agreed a new credit facility worth up to $30 million (£18.75 million) from Textron. The cash injection, to consist of $8 million (£5 million) term loans, is subject to a due-diligence process which will Textron’s senior credit committee will complete by the end of […]