The purchase of the Orioles by private equity billionaire David Rubenstein will be discussed by Major League Baseball owners at their meeting in Florida next week and is on track to be approved more quickly than similar team sales, according to two sources with direct knowledge of the deal’s prospects. Such approvals — involving scrutiny of buyers’ backgrounds and their financing — typically take several months.
MLB’s approval process for Orioles’ sale to David Rubenstein is moving rapidly
February 5, 2024