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Top related persons:
Angelos - 4 Peter Angelos - 4 David Rubenstein - 3 Michael Arougheti - 3 Rubenstein - 3 John - 3 Cal Ripken - 2 Jr - 2
Top related locs:
Baltimore Washington DC Camden Yards . Maryland St
Top related orgs:
Orioles - 4 Baltimore Orioles - 3 Major League Baseball - 2 Baltimore - 2 Ares Management - 2 American League East - 2 Camden - 2 Carlyle - 1

Search resuls for: "Peter Angelos"


4 mentions found


☆ Carlyle billionaire David Rubenstein is buying MLB's Baltimore Orioles: reports
  + stars: | 2024-01-31 | by ( George Glover | ) www.businessinsider.com   time to read: +2 min
Carlyle Group cofounder David Rubenstein is fronting a group buying the Baltimore Orioles, reports say. Fellow private equity billionaire Michael Arougheti is also expected to be involved in the deal. AdvertisementFamed private equity investor David Rubenstein is reportedly planning to buy the Baltimore Orioles. Puck broke the news Tuesday that the Carlyle Group cofounder and Baltimore native is fronting a group expected to take a 40% stake in the Major League Baseball franchise. AdvertisementThe Orioles are owned by the Angelos family, who bought the MLB franchise in 1993.
Persons: David Rubenstein, Angelos, Puck, Michael Arougheti, —, Cal Ripken, Jr, Rubenstein, he'll, Peter Angelos, John, Carlyle, Josh Harris Organizations: Carlyle, Baltimore Orioles, Major League Baseball, Service, Carlyle Group, Baltimore, Ares Management, Orioles, MLB, Financial, National Basketball Association, Apollo Global, National Football League's
☆ Baltimore Orioles agree to be sold to a group led by David Rubenstein for $1.7 billion
  + stars: | 2024-01-30 | by ( Matt Egan | David Goldman | ) edition.cnn.com   time to read: +2 min
The Orioles have been mediocre — or straight-up awful — throughout most of Angelos’ ownership. The new owner, Rubenstein, is a Baltimore native and co-founder of The Carlyle Group, a Washington, DC-based private equity giant. If the sale is approved, Rubenstein will become the controlling partner in the ownership group, the key decision-maker. After the 94-year-old Angelos dies, the Rubenstein group will own all 100% of the club. The Orioles’ $1.7 billion valuation is nearly triple what the team was worth in 2014, according to Forbes.
Persons: Peter Angelos, David Rubenstein, Angelos, Hall, Cal Ripken, Jr, Rubenstein, Angelos ’, Michael Arougheti Organizations: CNN, Baltimore Orioles, Orioles, Major League Baseball, Baltimore, Hall of Famer, American League East, AL, The Carlyle Group, longtime Orioles, Ripken, Ares Management, Forbes, Milwaukee Brewers, Colorado Rockies Locations: Baltimore, Washington, DC
☆ David Rubenstein Has a Deal to Buy the Baltimore Orioles for $1.725 Billion, AP Source Says
  + stars: | 2024-01-30 | by ( Associated Press | Jan. | At P.M. | ) www.usnews.com   time to read: +1 min
Carlyle Group Inc. co-founder David Rubenstein has reached an agreement to buy the Baltimore Orioles for $1.725 billion, according to a person with knowledge of the deal. The person spoke to The Associated Press on condition of anonymity Tuesday night because the agreement had not been announced. Rubenstein, a Baltimore native, will take over as the team's controlling owner, and he's assembled an investment team that includes Ares co-founder Michael Arougheti. The Angelos family has been in control of the Orioles since 1993, when Peter Angelos purchased the team for $173 million. The team recently reached a deal on a new lease extension at Camden Yards.
Persons: David Rubenstein, Rubenstein, he's, Michael Arougheti, Angelos, Peter Angelos, John, Carlyle, Jimmy Carter Organizations: Group Inc, Baltimore Orioles, Associated Press, Orioles, Camden, Duke, University of Chicago Law School Locations: Baltimore, Camden Yards . Maryland, Washington
☆ A Great Team, an Ambitious Plan and an ‘Existential’ Issue
  + stars: | 2023-08-21 | by ( Tyler Kepner | More About Tyler Kepner | ) www.nytimes.com   time to read: +2 min
This is the setting, after all, that transformed professional sports as few other forces ever have, synergizing team and town and making the venue the star attraction. The team has risen (though never to the World Series) and fallen (often quite far) in the decades since, and now it is cresting again. John took a seat in the home dugout one recent afternoon while the visiting Mets took batting practice, pausing now and then to greet people by name. The clubhouse manager, Fred Tyler, whose family has worked for the team since it moved from St. Louis in 1954, got a hearty hello. “We had lost the Colts and there was some concern about the economics of professional sports and whether the Orioles might be attracted.
Persons: Peter Angelos, Peter, John, Fred Tyler, Louis, Grayson Rodriguez, Angelos, Buck Showalter —, Kurt Schmoke, “, ” Organizations: Oriole, Camden, Orioles, Mets, American League East, Colts, Stadium Authority Locations: St, Baltimore
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