Callaway Golf has successfully completed its private offering of 1.25...

Callaway Golf has successfully completed its private offering of 1.25 million shares of 7.5 percent Series B Cumulative Perpetual Convertible Preferred Stock, with a liquidation preference of $100 per share. The initial purchasers exercised an option to buy an additional 150,000 shares of preferred stock to cover all over-allotments. The ...