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X @Bloomberg
Bloomberg· 2025-09-26 18:18
IPO’ing PGA Tour Enterprises could be a potential long-term option, albeit a lot would have to change in the structure of the PGA Tour for this to be a reality https://t.co/eRAYw0OaCX ...
PGA of America CEO on how the Ryder Cup continues to evolve
CNBC Television· 2025-09-24 16:12
Ider Cup is one of the most prestigious and highstakes events in golf, pitting the best players in the United States against Europe, but it's also driving some big business. Joining us with more this morning, Dom Chu in Farmingdale, New York with a special guest. Hey, Dom.Good morning, Carl. So, we are here in Farmingdale, New York at what is known as America's Country Club, Beth Paige and the Black Course. And with me right now is the PG of America CEO, Derek Sprag.And so Derek, this is an unbelievable ven ...
The Marquie Group Enters Into Purchase Agreement With GETGOLF.COM
Globenewswire· 2025-09-22 13:05
Core Insights - The Marquie Group, Inc. has entered into a purchase agreement with GETGOLF.COM, marking a significant transition for the company [1] - CEO Marc Angell will transfer control shares to GETGOLF.COM and its CEO, Jeff Foster, who has extensive experience in the golf and hospitality industry [1][2] - The transition is expected to be swift, involving the completion of closing procedures and asset transfers [1] Company Leadership Transition - Outgoing CEO Marc Angell expressed confidence in Jeff Foster's ability to lead TMGI, highlighting his experience in managing golf businesses [2] - Jeff Foster aims to create a premier golf-focused enterprise, leveraging his passion and expertise in the golf industry [2] - Marc Angell will remain involved in a consulting role to ensure business continuity and provide strategic guidance during the transition [2]
Piper Sandler's Jimmy Dunne on remembering 9/11, M&A outlook and business of golf
CNBC Television· 2025-09-11 13:30
M&A Activity in Financials - M&A activity for financials has seen virtually no conversation for 5 years due to regulatory uncertainty [7] - Increased enthusiasm and discussions are occurring behind the scenes regarding potential deals [8] - The firm completed 20 deals totaling approximately $15 billion, indicating a substantial increase of 30-40% in activity [9] - Technology, especially AI, is driving M&A as companies seek to stay competitive [9] - Stock deals are viewed as an opportunity to acquire companies at a discount, emphasizing the importance of finding undervalued targets [10] Golf Industry & PGA Tour - The speaker resigned from the PGA Tour, feeling superfluous, and suggests a deal should have been reached before the British Open in 2023 [12] - No progress has been made since the resignation, but the PGA Tour is currently in good shape [14] Other Engagements - The speaker is involved with Troun Golf, bringing a different perspective to the company [15] - The speaker serves on the AIG board and the Chime board (which went public) [15][16]
Fortinet Named Title Partner of the Founders Cup
Globenewswire· 2025-08-26 16:00
Core Points - Fortinet has entered a multiyear partnership with the LPGA Tour to become the title sponsor of the Founders Cup, with the 2026 event scheduled for March 19-22 and a purse of $3 million, an increase from $2 million in 2025 [1] - The partnership aims to honor the 13 women who founded the LPGA and to promote women's golf, leveraging Fortinet's strong ties to Northern California [2][3] - Fortinet, founded in Silicon Valley in 2000, is recognized as a leader in cybersecurity with the largest patent portfolio in the industry, including AI patents, and has over 890,000 lifetime customers [2][9] Company Overview - Fortinet is a cybersecurity company that focuses on the convergence of networking and security, providing a comprehensive portfolio of over 50 enterprise-grade products [9] - The company has been recognized as one of the most trusted cybersecurity firms in the U.S. and has received accolades across multiple Gartner Magic Quadrants [2][9] - Fortinet's commitment to innovation and customer service is reflected in its extensive patent portfolio and its leadership in various cybersecurity domains [2][9] Event Details - The Founders Cup will be held at Sharon Heights Golf & Country Club, which has undergone significant renovations and is known for its commitment to sustainability [4][10] - This event marks the 15th edition of the Founders Cup, celebrating the LPGA's founding members and showcasing top female golfers [5] - The LPGA Tour is the leading competitive platform for female golfers, hosting over 32 events annually with total prize funds exceeding $129 million [8]
X @Bloomberg
Bloomberg· 2025-08-26 13:34
The Masters is moving away from inviting PGA Tour fall winners and now will invite the winners of six national opens around the world (via AP) https://t.co/ULhHXYWOzu ...
X @The Wall Street Journal
The Wall Street Journal· 2025-08-20 23:15
Exclusive: The PGA Tour has unveiled a new committee led by Tiger Woods to modernize the world’s premier golf circuit—with radical changes on the horizon https://t.co/mC56GWKwWt ...
X @The Wall Street Journal
The Wall Street Journal· 2025-08-20 14:09
Exclusive: The PGA Tour has unveiled a new committee led by Tiger Woods to modernize the world’s premier golf circuit—with radical changes on the horizon https://t.co/7jIDqzNq0G ...
X @Bloomberg
Bloomberg· 2025-08-04 16:01
RT Bloomberg Live (@BloombergLive).@PGA’s Derek Sprague joins Bloomberg #PowerPlayers in New York. Join us on 9/4 for a breakdown of what to expect at the upcoming Ryder Cup and what’s next for golf. https://t.co/vvYlp8iNTN https://t.co/OrbUjnSL55 ...