This is part of the new economy isn't it? Why are two "headquarters" necessary for companies that are a few states away from one another. For me really, this is neither surprising or a revelation. Happens all the time after an acquisition, especially one where the two companies are essentially the same, with equipment being at the core of their business plan.
Now it would have really been news if TMaG decided to move from California, a very expensive business state, to Texas, with a more business friendly posture. That would be eye popping and a big deal.
No canaries here. Golf has issues and again, TMaG is in the middle of it. Some of you may or may not remember the days when they were burying clubs in the ground (urban legend or fact?) because they had so much inventory and no place to sell it (1990's).
Why more companies have not relocated their headquarters to Texas is a mystery to me.
In all fairness it is hard to beat California weather and coastline.