The PGA Tour and LIV have been asked to provide documents and communications tied to the agreement announced last week.
Tag: Mergers, Acquisitions and Divestitures
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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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A Stunning Merger Angers Athletes
A professional golf merger is a victory for Saudi Arabia and another sign that money can overwhelm almost any other force in sports.