Article: Callaway to Buy Top-Flite Golf Ball Maker

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Dateline: CHICOPEE, Mass. The world's biggest golf club manufacturer will buy one of the nation' s oldest and largest golf ball makers in a deal Callaway Golf Co. hopes will help the company finally make money on golf balls.

A federal bankruptcy court on Thursday approved Callaway's offer to buy Chicopee-based Top-Flite Golf Co. for $174 million, above its initial offer of $125 million, Callaway spokesman Larry Dorman said.

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