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Golf cart maker Club Car has sold Detroit Pistons owner’s investment firm

As rounds of golf increase in the United States, mechanical equipment maker Ingersoll Rand Inc. has agreed to sell golf carmaker Club Car to Platinum Equity, an investment company and holding company founded and operated by Detroit Pistons owner Tom Gores. The price: $ 1.7 billion, Platinum Equity said. Founded in 1958 and based in […]