I guess I don't read this as quite as gloom and doom as some others do. Yes, it does sound like we will lose Adams drivers and irons/wedges, which sucks purely because they've put out some excellent under the radar gear in the past (I've played two of their iron sets and loved both in their own ways), but judging by this statement towards the end:
TMaG features four leading brands: TaylorMade, the #1 Driver and Irons in Golf,* Adams, the #1 hybrid on Tour, adidas Golf, a leading provider of athletic apparel and footwear for golf, and Ashworth, a brand synonymous with the game.
TMaG has not lost sight of the fact that Adams is a powerful name in the hybrid world. And it sounds to me like they will seek to preserve all of these quote "leading brands". So my somewhat hopeful guess is we will see Adams as a sort of boutique corner of TMaG that makes hybrids and fairway woods (Tight Lies is a name with some solid recognition as well) - and while that is kind of disappointing, it would be way better than seeing the venerable Adams name on a bunch of box-set, department store crap.
All my opinions of course though, will be interesting to see what actually pans out. Hoping for the best for Adams' great people.
I'm of a similar opinion. I just don't see the value in promoting Adams #1 Hybrid status in this press release if they aren't set on marketing them the hybo 'go to' for both the masses and the more discerning 'better' golfers. Like it or not, much of the the discretionary $ for golf equipment is going to come from golfers approaching (or past) middle age. Hybos tend to become a bigger and bigger part of a golfer's bag as they follow that path.