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By Mike Stachura
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TaylorMade's possible purchase by a U.S.-based investment firm seems to have dried up.

TaylorMade’s Korean ownership group Centroid, which has been shopping one of golf's top three brands for the last 18 months, saw its primary bidder drop out, according to reports from business outlets in Korea.  U.S.-based Old Tom Capital has withdrawn from a potential deal when it wasn’t able to raise the estimated $2.7 billion purchase price. The development means the Korean fashion retailer F&F, which originally helped fund Centroid’s purchase of TaylorMade as its largest strategic investor, likely will resurface as the next primary candidate. F&F likely would only need to raise another $1.2 billion to secure enough money to meet Centroid’s asking price. Centroid purchased TaylorMade in 2021 for $1.7 billion.