{"id":406408,"date":"2020-12-29T20:47:21","date_gmt":"2020-12-30T01:47:21","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=406408"},"modified":"2020-12-29T20:47:21","modified_gmt":"2020-12-30T01:47:21","slug":"shareholder-alert-weisslaw-llp-investigates-callaway-golf-company","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-weisslaw-llp-investigates-callaway-golf-company\/","title":{"rendered":"SHAREHOLDER ALERT: WeissLaw LLP Investigates Callaway Golf Company"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">Dec. 29, 2020<\/span> \/PRNewswire\/ &#8212;\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3023524-1&amp;h=2242929963&amp;u=http%3A%2F%2Fweisslawllp.com%2F&amp;a=WeissLaw+LLP\" rel=\"nofollow noopener noreferrer\">WeissLaw LLP<\/a>\u00a0is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Callaway Golf Company (&#8220;ELY&#8221; or the &#8220;Company&#8221;) (NYSE: ELY) in connection with the Company&#8217;s proposed all-stock merger with Topgolf Entertainment Group (&#8220;Topgolf&#8221;). \u00a0Under the terms of the merger agreement, ELY will issue approximately 90 million shares of its common stock to Topgolf stockholders.\u00a0 The proposed transaction has an equity value of approximately <span class=\"xn-money\">$2 billion<\/span>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/743985\/WeissLaw_Logo_Stacked_LowerCase_color_2_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/743985\/WeissLaw_Logo_Stacked_LowerCase_color_2_Logo.jpg\" title=\"WeissLaw LLP (PRNewsfoto\/WeissLaw LLP)\" alt=\"WeissLaw LLP (PRNewsfoto\/WeissLaw LLP)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p class=\"prntac\">\n        <b><br \/>\n          <u>If you own ELY shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:<\/u><br \/>\n        <\/b>\n      <\/p>\n<p class=\"prntac\">\n        <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3023524-1&amp;h=4229770497&amp;u=https%3A%2F%2Fwww.weisslawllp.com%2FELY%2F&amp;a=https%3A%2F%2Fwww.weisslawllp.com%2FELY%2F\" rel=\"nofollow noopener noreferrer\"><br \/>\n          <b>https:\/\/www.weisslawllp.com\/ELY\/<\/b><br \/>\n        <\/a><br \/>\n        <br \/>\n        <b><br \/>\n          <u>Or please contact:<br \/><\/u><br \/>\n          <span class=\"xn-person\">Joshua Rubin, Esq.<\/span><br \/>\n        <\/b><br \/>\n        <br \/>WeissLaw LLP<br \/>1500 Broadway, 16<sup>th<\/sup> Floor<br \/><span class=\"xn-location\">New York<\/span>, NY\u00a0 10036<br \/><b>(212)\u00a0682-3025<br \/>(888) 593-4771<\/b><br \/><b><a target=\"_blank\" href=\"mailto:stockinfo@weisslawllp.com\" rel=\"nofollow noopener noreferrer\">stockinfo@weisslawllp.com<\/a><\/b><\/p>\n<p>WeissLaw is investigating whether ELY&#8217;s board acted in the best interest of ELY&#8217;s public shareholders in agreeing to the proposed transaction, whether the board was fully informed as to the valuation of the proposed transaction, and whether all information regarding the process undertaken by the board and the valuation of the transaction is fully and fairly disclosed to ELY public shareholders.\u00a0 <\/p>\n<p>WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties.\u00a0 We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases.\u00a0 If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at <b><a target=\"_blank\" href=\"mailto:stockinfo@weisslawllp.com\" rel=\"nofollow noopener noreferrer\">stockinfo@weisslawllp.com<\/a><\/b><\/p>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC34766&amp;sd=2020-12-29\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/shareholder-alert-weisslaw-llp-investigates-callaway-golf-company-301199186.html\">http:\/\/www.prnewswire.com\/news-releases\/shareholder-alert-weisslaw-llp-investigates-callaway-golf-company-301199186.html<\/a><\/p>\n<p>SOURCE  WeissLaw LLP<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DC34766&amp;Transmission_Id=202012292044PR_NEWS_USPR_____DC34766&amp;DateId=20201229\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK, Dec. 29, 2020 \/PRNewswire\/ &#8212;\u00a0WeissLaw LLP\u00a0is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Callaway Golf Company (&#8220;ELY&#8221; or the &#8220;Company&#8221;) (NYSE: ELY) in connection with the Company&#8217;s proposed all-stock merger with Topgolf Entertainment Group (&#8220;Topgolf&#8221;). \u00a0Under the terms of the merger agreement, ELY will issue approximately 90 million shares of its common stock to Topgolf stockholders.\u00a0 The proposed transaction has an equity value of approximately $2 billion. If you own ELY shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website: https:\/\/www.weisslawllp.com\/ELY\/ Or please contact: Joshua Rubin, Esq. WeissLaw LLP1500 Broadway, 16th FloorNew York, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-weisslaw-llp-investigates-callaway-golf-company\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SHAREHOLDER ALERT: WeissLaw LLP Investigates Callaway Golf Company&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-406408","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SHAREHOLDER ALERT: WeissLaw LLP Investigates Callaway Golf Company - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-weisslaw-llp-investigates-callaway-golf-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SHAREHOLDER ALERT: WeissLaw LLP Investigates Callaway Golf Company - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, Dec. 29, 2020 \/PRNewswire\/ &#8212;\u00a0WeissLaw LLP\u00a0is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Callaway Golf Company (&#8220;ELY&#8221; or the &#8220;Company&#8221;) (NYSE: ELY) in connection with the Company&#8217;s proposed all-stock merger with Topgolf Entertainment Group (&#8220;Topgolf&#8221;). \u00a0Under the terms of the merger agreement, ELY will issue approximately 90 million shares of its common stock to Topgolf stockholders.\u00a0 The proposed transaction has an equity value of approximately $2 billion. If you own ELY shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website: https:\/\/www.weisslawllp.com\/ELY\/ Or please contact: Joshua Rubin, Esq. 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If you own ELY shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website: https:\/\/www.weisslawllp.com\/ELY\/ Or please contact: Joshua Rubin, Esq. 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