US Senate panel invites PGA Tour commissioner, LIV CEO to testify on merger

  • 📰 Reuters
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

A US Senate panel invited PGA Tour Commissioner Jay Monahan, Saudi Arabia's Public Investment Fund Governor Yasir Al-Rumayyan and LIV Golf CEO Greg Norman to testify at a July 11 hearing

Democratic U.S. Senator Richard Blumenthal, who chairs the Permanent Subcommittee on Investigations, and the panel's top Republican Ron Johnson invited them to appear.

A PGA Tour spokesman said the Tour looks "forward to appearing before the Senate subcommittee to answer their questions about the framework agreement" but did not specify if Monahan would appear. Last week, Democratic Senators Elizabeth Warren and Ron Wyden asked the Justice Department to open an antitrust investigation into the planned deal, saying they believe it would result in a monopoly over professional golf operations.

The PGA Tour, DP World Tour and rival Saudi-backed LIV circuit, which had been involved in a bitter fight that split the sport, announced an agreement to merge and form one unified commercial entity.

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:

 /  🏆 2. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines