Billionaire Justin Ishbia pulls out of Minnesota Twins buy, boosts stake in Chicago White Sox instead.

Billionaire Justin Ishbia has withdrawn his bid to buy the Minnesota Twins, instead opting to increase his minority stake in the Chicago White Sox. The Twins' sale process, initiated in October by the Pohlads who have owned the team for four decades, faces a setback with Ishbia's decision. Ishbia already owns a small share of the White Sox. The impact on the White Sox's future leadership and operations remains unclear.