Tag: David Rubenstein

Morning Briefing: Happy Major League Baseball Opening Day!

Good morning, Mets fans! The day has finally come! Major League Baseball Opening Day is officially upon us! Unfortunately, the Mets have to wait another day. But let’s take a look at some of the games on the slate for today. The first game on the docket is the Orioles who will be hosting the Angels while Corbin Burnes makes his Baltimore debut. The Mets’ crosstown rival Yankees go to...

Morning Briefing: Steve Cohen Group Invests in PGA Tour

Good morning, Mets fans! On Wednesday, Bloomberg released an article stating that PGA Tour signed a $3 billion investment deal with the Strategic Sports Group, which includes the Fenway Sports Group and Mets owner Steve Cohen. The deal will include an initial investment of $1.5 billion and is for a new for-profit entity which values PGA Tour Enterprises at $12 billion. LIV Golf is not initially...

Morning Briefing: Angelos Agrees to Sell Orioles

Good morning Mets fans!  Today’s biggest news is that Baltimore Orioles owner John Angelos has agreed to sell the team in a deal worth $1.725 billion to a group led by Baltimore billionaire David Rubenstein. Puck News first reported the deal.  Mike Arougheti, the co-founder of Ares Management Corp., is a major player in the deal. Rubenstein is worth $4.6 billion, according to Forbes, while...

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