TaylorMade-Adidas Golf has agreed to acquire apparel maker Ashworth Inc. for $72.8 million, which includes the apparel maker’s debt. The two parties announced Oct. 13 reaching a definitive agreement that calls for TMAG to acquire all of the outstanding shares of Ashworth for $1.90 per share in cash, a 9.8 percent premium from its Oct. 10 close of $1.73. The buyer also will assume $46.3 million of Ashworth debt based on the Carlsbad, Calif.-based apparel
From Julie Ward, USA TODAYAs is his custom, Tiger Woods wore a red shirt in the final round in winning the PGA Championship. The Nike shirt worn by Woods featured the latest synthetic moisture-wicking fabric.Second-place finisher Woody Austin wore a Tabasco Golf Shirt with a line of palm trees marching across his chest and around his sleeves. The shirt''s blended fabric was largely old-fashioned cotton.Austin''s palm stripe shirt made another noteworthy appearance in another final