I was not expecting that

going to be awkward in the locker room….

They get the best players from LIV back and protect the brand probably in return for letting them play a few fairly meaningless LIV events when they would no doubt not be playing a regular event anyway. 

The PGA Tour had said last year that LIV Golf was using the “sport of golf to 'sportswash' the Saudi government's deplorable reputation for human rights abuses”. Now the entities are ending their legal dispute by combining

presume there will be LIV off season window in the winter that will be largely played in the middle east.     Those players that turned down a fortune on principle will be fuming though - suspect the fees for joining up will now plummet....

there is a good article by competition expert Matt Stoller on why an actual merger is impossible - breaks all the rules

the PGA president actually publicly said this would enable them to remove a competitor - which is all sorts of unlawful

what may actually happen is the Saudis invest into the PGA to get a minority stake or something and wind up their own tour