Orioles hired investment bank to assess potential sale of team: report - News Summed Up

Orioles hired investment bank to assess potential sale of team: report


0 sharesThe Baltimore Orioles have hired Goldman Sachs to “assess the prospects for selling the team,” according to The Athletic. The team is not officially up for sale, but the future of the team’s ownership is certainly in limbo considering the drama within the current ownership group. Louis Angelos, son of owner Peter Angelos, filed a lawsuit in June against his brother and mother, John and Georgia, to force a sale of the team. “The corrupting effect of John’s actions has been to thoroughly frustrate [Louis] Angelos’ intentions,” the suit added. The team also likely would not be put up for sale, if it is at all, until after Peter dies.


Source: Fox News September 24, 2022 08:27 UTC



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