New York Yankees, Apollo Agree on $2.6B Capital Injection, Investment
The New York Yankees will receive a $2.6 billion financing injection from Apollo Global Management, the club announced on Tuesday, with the firm providing a combination of debt and equity in the parent company of the storied MLB franchise. Apollo will refinance existing debt and take a minority stake of undisclosed value in Yankees Global […]
We haven't written up this one. Sportico has the full story — the link below goes straight to it.
