You can find original article here Nrn. Subscribe to our free daily Nrn newsletters. Topgolf Callaway Brands is selling a majority stake of its Topgolf brand to private equity firm Leonard Green for approximately $1.1 billion. The parent company will retain a 40% stake in the eatertainment concept while shifting most of its focus to its equipment and apparel business.This news comes as Topgolf has experienced a significant downturn as consumers pull back on their discretionary spending. Same-venue sales h ...