Fortune Brands (FO) reportedly hires Morgan Stanley (MS) to auction off its golf unit, which...

|By:, SA News Editor

Fortune Brands (FO) reportedly hires Morgan Stanley (MS) to auction off its golf unit, which could bring in up to $1.5B. Morgan Stanley is expected to approach companies like Adidas (ADDYY.PK) and Nike (NKE), as well as P-E firms. (previously) .