News Formal

Robert Sarver Hires Investment Bank To Oversee Sale Of Suns

  • 📰 RealGM
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Robert Sarver Hires Investment Bank To Oversee Sale Of Suns - RealGM Wiretap

Robert Sarver has chosen Moelis & Company to oversee the sale of the Phoenix Suns.The previous high for an NBA franchise came when Joe Tsai bought the Brooklyn Nets for $2.35 billion in 2019.

Moelis served as a financial adviser in the May 2022 sale of Chelsea Football Club to a consortium led by Todd Boehly and Clearlake Capital, which bought the team for $5.3 billion. Moelis also acted as a financial adviser in the 2015 sale of the Atlanta Hawks to a group led by Tony Ressler for $850 million.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 580. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin Investment Firm NYDIG's CEO Robert Gutmann Departs.NYDIG_BTC has promoted Tejas Shah to CEO as Robert Gutmann departs from the firm alongside President Yan Zhao, who will be replaced by Nate Conrad. By JamieCrawleyCD NYDIG_BTC JamieCrawleyCD This is hallucinatory gamee modifieer
Source: CoinDesk - 🏆 291. / 63 Read more »