Thursday, May 17, 2018

Where Panthers $2.2B sale ranks among richest deals in US sports history


By Fox Business, May 15, 2018

The reported sale price of the NFL’s Carolina Panthers to billionaire hedge fund manager David Tepper would tie a record for U.S. sports franchises.

Tepper, the 60-year-old founder of Appaloosa Management, has agreed to buy the Panthers for at least $2.2 billion, The Associated Press reported, citing multiple sources familiar with the matter. The NFL’s owners will vote on whether to accept Tepper’s bid later this month at a league meeting in Atlanta.
Read More: https://www.foxbusiness.com

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