Red Sox and Liverpool owner in talks to take sports holdings public - News Summed Up

Red Sox and Liverpool owner in talks to take sports holdings public


Boston Red Sox owner John Henry is in talks to join with an investment vehicle for an $8 billion deal that would take his famed sports holdings public, according to people familiar with the matter. The deal being discussed would merge Fenway Sports Group LLC, which also owns English soccer team Liverpool Football Club, with RedBall Acquisition Corp. RBAC, +0.20% , the people said. RedBall is a so-called special purpose acquisition company launched by private-equity firm RedBird Capital Partners and Oakland Athletics executive Billy Beane.


Source: Wall Street Journal October 10, 2020 13:58 UTC



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