Billionaire in talks to purchase Baltimore Orioles, per report

Billionaire in talks to acquire Baltimore Orioles, per report

The Baltimore Orioles could soon be purchased, according to a report.Bloomberg’s Gillian Tan reports that Carlyle Group Inc. co-founder David Rubenstein, a Baltimore native, is in talks to acquire the Orioles.Team officials did not respond to an 11 News request for comment.Current majority owner Peter Angelos has taken a backseat to his son John Angelos in recent years when it comes to baseball operations. John Angelos is the current chairman and CEO of the team.The reported sale talks come as the team continues to negotiate a stadium lease deal with the state of Maryland.

The Baltimore Orioles could soon be purchased, according to a report.

Bloomberg’s Gillian Tan reports that Carlyle Group Inc. co-founder David Rubenstein, a Baltimore native, is in talks to acquire the Orioles.

Team officials did not respond to an 11 News request for comment.

Current majority owner Peter Angelos has taken a backseat to his son John Angelos in recent years when it comes to baseball operations. John Angelos is the current chairman and CEO of the team.

The reported sale talks come as the team continues to negotiate a stadium lease deal with the state of Maryland.

Source link

credite