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Sportonomics: Why Investing in American Sports Franchises Has Doubled The Returns Of The Market
Friday, June 21, 2024 - 12:35pm | 439Investments in American professional sports franchises have more than doubled the equities market returns since 2000. The outperformance is attributed to lucrative media rights deals and the dawn of streaming. The Data: The first-of-its-kind Ross-Arctos Sports Franchise Index (RAFSI), released in...
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Formula 1 Stops Trump Fundraiser; Miami Grand Prix Connection To Dolphins Owner Draws Attention
Wednesday, May 1, 2024 - 3:04pm | 1165Motorsport league Formula 1, which is owned by Liberty Formula One (NASDAQ:FWONA) (NASDAQ:FWONK) returns to the United States this weekend with the third annual Miami Grand Prix. Here are some of the top storylines for the race. Donald Trump Fundraising: Former President Donald Trump continues his...
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Ken Griffin Bet Against GameStop, Bought A US Constitution: Are The Miami Dolphins Next?
Tuesday, November 21, 2023 - 6:27pm | 767One of the central figures of the short squeeze saga that pitted retail investors against hedge funds and short sellers could be adding “sports team owner” to his resume. What Happened: Citadel CEO and founder Ken Griffin recently made the move to Miami. The move could play a factor in...
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EXCLUSIVE: Kevin Durant, Alex Rodriguez Backed Tracer Lands New Investors, Announces First President For 'Next Level Of Growth And Success'
Wednesday, June 14, 2023 - 9:01am | 1108Data intelligence platform Tracer announced a new president to lead the company and a funding round to power the company’s growth. Here are the key details. What Happened: Tracer announced Obele Brown-West has been appointed as the first president of the company. The company also announced a...
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Gary Vaynerchuk, Matt Higgins SPAC OCA Strikes Deal For Homeowner Insurance Company Kin: What Investors Should Know
Monday, July 19, 2021 - 11:52am | 636Homeowner’s insurance company Kin Insurance announced a SPAC merger Monday to accelerate the company’s growth into new states and expand its direct-to-consumer platform. The SPAC Deal: Kin Insurance announced a SPAC merger with Omnichannel Acquisition Cop (NYSE: OCA) valuing the company...
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SoulCycle Owner In Talks For Investment To Boost Competition With Peloton: Reports
Friday, January 10, 2020 - 1:56pm | 264Fitness club company and SoulCycle owner Equinox is close to reaping an investment from private equity firm Silver Lake to help it expand its at-home exercise platform to better compete with Peloton Interactive Inc (NASDAQ: PTON). Bloomberg reported Thursday afternoon that luxury gym operator...
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Stephen Ross, Dan Gilbert Back $300M University Of Michigan Academic Center In Detroit
Wednesday, October 30, 2019 - 1:33pm | 829A 14-acre property in downtown Detroit is switching uniforms from jail blue to maize-and-blue. The University of Michigan announced Wednesday plans for a $300-million research and education center as the anchor of the Detroit Center for Innovation project, located on a site once intended for a new...
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Highlights From Detroit's CityLab Conference
Thursday, November 1, 2018 - 3:16pm | 824Detroit is a city rich in history with narratives of achievement and revival that continue to unfold. The city played host to The Atlantic's CityLab conference, welcoming leaders, executives and peers from around the world to discuss the challenges faced by cities. “Cities are...
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Stephen Ross Talks The Related Companies' Purchase Of Time Warner Building
Wednesday, January 29, 2014 - 12:49pm | 327The Related Companies founder and chairman Stephen Ross appeared on CNBC's Squawk Box Wednesday morning where he discussed buying Time Warner's (NYSE: TWX) Columbus Circle building and headquarters, Time Warner Center, for $1.3 billion amid the media conglomerate's plan to move into New York City...