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Fortune sees four types of golf bidders

(Tribune File Photo)

Fortune Brands Inc. expects its golf business to attract a special kind of bidder in addition to the usual suspects — rich people who like playing the game.

The company announced plans late last year to sell or spin off its golf business, which makes Titleist golf equipment, and spin off its home products business, which makes Simonton windows and Moen faucets, amid pressure from activist investor William Ackman. Get the full story »