Callaway Golf Co. is nearing a deal to buy the rest of driving-range operator Topgolf Entertainment Group, according to people familiar with the matter, in a move that would bring a company known for its clubs and golf balls into the fast-growing sports-entertainment business.
The companies are discussing a deal that would value closely held Topgolf at more than $2 billion, the people said. An agreement could be finalized this week assuming the talks don’t fall apart. Callaway has a market value of about $2 billion and already…
