So Long, Dan Snyder
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The Economic Impact of China on the WTA Tour
China was responsible for the WTA's gross revenues or, you know, a little more than $100 million. Private equity firms also don't typically take stakes in thriving businesses very often. I do think one way to have spun this was, hey, listen, this frees us up to do a lot more here and we don't have to. We can take this ethical stance on China. But I think patients for that wore awfully thin. It does not paint a great picture of what happens when you try to engage in an economic stare down with China.
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