Jordan, the former star of the Chicago Bulls, purchased the team in 2010.
Category: Mergers, Acquisitions and Divestitures
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Brooklyn’s Ample Hills Creamery Aims to Rise Again
The Brooklyn-based ice cream chain boomed with the help of Oprah and Disney, then went bust. But the couple behind it are opening new shops and thinking small.
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Golf’s Titanic Deal Stokes Anger on Capitol Hill
American lawmakers and officials are studying the pact between the PGA Tour and Saudi Arabia’s sovereign wealth fund.
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Matt Fitzpatrick and Cameron Smith Don’t Know What’s Next After The LIV-PGA Tour Merger
“I just don’t know what’s going on,” Fitzpatrick, the reigning U.S. Open champion, said Monday of the PGA Tour’s merger with LIV Golf. “I don’t think anyone knows what’s going on.”
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How Will Jay Monahan of the PGA Tour and Yasir al-Rumayyan Work Together?
The stunning golf merger announced last week has raised many questions, and one big one is how will the Saudi wealth fund boss and the tour commissioner manage to work together?
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Senate Opens Inquiry Into PGA Tour Deal with Saudi-Funded LIV Golf
The PGA Tour and LIV have been asked to provide documents and communications tied to the agreement announced last week.
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WeWork Faces More Turmoil After Its CEO Departs
The company’s top boss, a real estate industry veteran, abruptly left in May after growing frustrated with SoftBank, its largest shareholder and lender.
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How the PGA Tour-LIV Golf Merger Came Together
The agreement to remake a global game stunned most of the sporting world after seven weeks of clandestine negotiations.
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After LIV Golf, What Will Be the Next Saudi Sports Bet?
The kingdom’s enormous sovereign wealth fund, which backed the golf series, has an appetite for sports. Its deal with the PGA Tour may pave the way for more investments.
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Trump Family Praises the PGA and LIV Golf Merger
The LIV series has been a boon for the Trump family, which lost major tournaments after the Jan. 6, 2021, assault on the capitol.
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Spotify Podcast Layoffs Will Affect Gimlet and Parcast Workers
Spotify said it was cutting 2 percent of its work force and absorbing two popular podcast studios, Gimlet Media and Parcast, into Spotify Studios.
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Venture Capital Giant Sequoia Spins Off China and India Units
The Silicon Valley firm said that the split would simplify its business. The move comes amid rising tensions between the United States and China over technology investment and development.