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Jack reducing role within Nicklaus Companies

5:13 PM ET Jack Nicklaus stepped down from day-to-day operations within his Nicklaus Companies on Thursday, announcing in a statement that he wants to focus on other things. The 78-year-old Nicklaus will become co-chairman, while his businesses — which include golf course design and licensing deals, among others — will be taken over by Nicklaus Companies investor Howard Milstein, who ...

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