"Fairhaven, MA (May 20, 2011) – Acushnet Company announced today that its parent company, Fortune Brands, Inc., has signed a definitive agreement for the sale of the company to a group led by Fila Korea, Ltd., the owner of the Fila brand globally, and Mirae Asset Private Equity, the largest private equity firm in Korea."
Opening of press release from Acushnet. Titleist will soon be a Fila brand.
(Thanks, Nuge, for the heads-up.)
