Wednesday, May 1, 2024 | Baltimore, MD
Baltimore, MD
81°
Partly Cloudy
FOLLOW US:

MLB’s approval process for Orioles’ sale to David Rubenstein is moving rapidly

February 5, 2024
Three baseballs sit in a field of turfgrass at Camp Nubability's annual kids camp for limb different children. This image was taken by one of the camp coaches, Caitlin Conner.

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.

Article Source: Baltimore Sun

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.