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Fashion

Ashworth to be bought by Adidas golf division

TaylorMade-Adidas Golf, the golf division of the Adidas Group, is to acquire all of the outstanding shares of the golf-inspired sportswear designer Ashworth Inc. in a move to become the market leader in golf apparel. The transaction, which has been approved by Ashworth's board of directors, is to buy all of the outstanding shares for $1.90 per...

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