Adidas to buy Adams Golf

PARIS — German sporting goods maker and American golf equipment company Adams Golf, Inc. announced today that the TaylorMade-Adidas Golf subsidiary has entered into a definitive agreement to buy all outstanding shares of Adams Golf for an estimated $70 million. At $10.80 per share in cash, the transaction represents a premium of about 71 percent […]

Bernard Arnault Goes to Washington

WASHINGTON — Bernard Arnault hit the nation’s capital Thursday like a politician on the campaign trail. The chairman of LVMH Moët Hennessy Louis Vuitton first met President Obama at the White House — where they discussed everything from globalization to employment — and then that night received the Corporate Citizenship award from the Woodrow Wilson […]