CVC Capital Partners, the former owner of Formula 1, will take a 20 percent stake in a commercial subsidiary as the tour seeks to expand its marketing of events and players and increase prize money.
Category: Women’s Tennis Assn
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Elliott Management, Activist Investor, Buys a Stake in Salesforce
Elliott Management, the $55 billion hedge fund, has taken a big stake in the struggling tech giant, putting more pressure on its co-founder, Marc Benioff.
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Inside the Battle to Control, and Fix, Tennis
Tennis’ hit Netflix series and rising collection of young stars has investors bullish on the sport, which is poised for a once-in-a-generation moment of disruption.
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War and Motherhood Sidelined Ukraine’s Elina Svitolina. She’s Ready to Return.
Rather than struggling to compete on the WTA Tour most of 2022, the tennis star focused on her new daughter and raising money to help her fellow Ukrainians.
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Tennis Said Goodbye to Roger Federer and Hello to Carlos Alcaraz
The game went through a lot of changes and drama this year, including an emotional farewell to Serena Williams at the U.S. Open.
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A Surprising WTA Finals Victory Mirrors the Year in Women’s Tennis
Caroline Garcia, ranked just 79th in May, won the season-ending championship and will finish at No. 4 in a year that saw Serena Williams and Ashleigh Barty retire.
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WTA Chief Talks Money, China and Why Tennis Needs More Female Coaches
Even without China’s “zero-Covid” policy, Steve Simon said that unresolved concerns about Peng Shuai would keep women’s tennis away from Shenzhen and a lucrative 10-year-deal to stage the Finals.
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Jessica Pegula Is Peaking Just in Time for the WTA Finals
After winning her second career singles title a week ago, the American player with world-class timing on the court has found herself the world No. 3.
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The WTA and Women’s Tennis Struggle With Challenges
Money problems, shifting venues and a costly dispute with China have left the tour looking for answers — and a financial lifeline.