Steinbrenner Family Selling 4% Yankees Stake in Apollo Deal
The Steinbrenner family is selling at least 4% of the New York Yankees’ parent company as part of the previously announced $2.6 billion financing injection from Apollo Global Management, according to multiple people familiar with the details. The Apollo investment is a combination of debt and equity in Yankee Global Enterprises (YGE), and the Steinbrenners […]
We haven't written up this one. Sportico has the full story — the link below goes straight to it.
