We have created a separate, commercial entity – underneath that structure." remains intact as it was prior, as a 501c6 (tax-exempt organization). "I know it’s been called a merger as shorthand, but that is not accurate," PGA Tour spokeswoman Laura Neal said in an email Thursday to USA TODAY Sports. That description and other details in the release led news outlets around the world to call it a "merger." But by the end of the day Tuesday, that headline and that word – "merge" – were removed from that press release on the PGA Tour website.Īnd now the PGA Tour is saying its deal with LIV Golf and the DP World Tour is not a "merger." The PGA Tour announced its shocking new deal with LIV Golf Tuesday by issuing a press release under a bold headline that said it would "merge commercial operations under common ownership."
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