MAJOR JAPANESE CAR MANUFACTURERS ARE MERGING | NISSAN | HONDA | MITSUBISHI

 

WHY DID THE PGA MERGE WITH THE PUBLIC INVESTMENT FUND?

Seven weeks ago a deal between the PGA Tour and the Public Investment Fund seemed not even close to being on the table. Then PGA Tour Policy Board members Ed Herlihy and Jimmy Dunne met with the PIF and there would be four in-person meetings and a number of video calls and phone conversations. The Tour's commissioner Jay Monahan explained that the first conversation was the most important one and, encouraged to join a follow-up meeting, that's when it began to materialise. 

"In the space of those seven weeks the PGA Tour have now reached a framework agreement with the PIF and DP World Tour. 

Unlikely as it seemed this was always on the cards but, in most people's eyes, it would come about years down the line. So why have the PGA Tour 'merged' now with the PIF?

RORY MCILROY FEELS LIKE A SACRIFICIAL LAMB AFTER LIV GOLF-PGA MERGER