MLB owners unanimously approved the $1.725bn sale of the Baltimore Orioles to David Rubenstein's group.

Major League Baseball (MLB) owners unanimously approved the sale of the Baltimore Orioles to a group led by private equity investor David Rubenstein for $1.725 billion. The deal transfers ownership from the family of the late Peter Angelos to Rubenstein, who co-founded The Carlyle Group private equity firm. The sale marks the end of the Angelos family's over three-decade run as owners of the team.

March 27, 2024
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