PGA Tour says deal with LIV Golf is not a merger. So what is it? Here's what we know

PGA Tour says deal with LIV Golf is not a merger. So what is it? Here's what we know

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The PGA Tour announced its shocking new deal with LIV Golf Tuesday by issuing a press release under a bold headline that said it would "merge commercial operations under common ownership." That description and other details in the release led news outlets around the world to call it a "merger."…

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