The Baltimore Orioles will soon be under new ownership.Sources confirmed to 11 News that team chairman and CEO John Angelos has agreed to sell the team.According to sources, Angelos will sell the Orioles to a group led by two private equity billionaires, including David Rubenstein, who was reported to be involved in sale talks in … Read more
The Angelos family is reportedly selling the Orioles to a group led by two private equity billionaires, David Rubenstein of the Carlyle Group and Mike Arougheti of Ares Management Corp, per reports from Sportico and John Ourand of Puck News. It was reported back in December that Rubenstein, a Baltimore native, was in talks to … Read more
Billionaire in talks to acquire Baltimore Orioles, per report Updated: 8:40 PM EST Dec 7, 2023 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 … Read more