#164 The Secret Details Behind LIV Golf's Merger With The PGA Tour
The Joe Pomp Show
00:00
The PGA Tour and Live Golf Merge to Create a New for-Profit Entity
The details of this deal that happened yesterday aren't exactly clear yet. Saudi Arabia, through their $620 billion shopping wealth fund, is the sole investor in this new entity,. They're expected to put at least $3 billion in capital into this newly combined entity. This merger is going to cancel all pending litigation between PGA Tour and Live Golf.
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