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Article Date: January 2017
Word Count: 82

Callaway Buys Ogio International for $75.5 million

ELY paid about 7.6x the projected incremental EBITDA of $10 million annually that Ogio is expected to generate after integration costs. The all-cash acquisition is expected to be immediately accretive to earnings, and Ogio’s line of bags, accessories and apparel provides ... Log in to view full article.


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