Tuesday, October 3, 2017

Report: Laurene Powell Jobs taking huge stake in Ted Leonsis' Monument Sports

Monumental Sports & Entertainment has a new major investor in Laurene Powell Jobs, The Washington Post reported Tuesday. Powell Jobs, the widow of Apple founder Steve Jobs, will invest enough — estimated in the “hundreds of millions of dollars” — to take about a 20 percent stake in Monumental, the company that controls the Washington Wizards, Washington Capitals, Washington Mystics, Capital One Arena and numerous other holdings, the paper reported. Monumental Sports also owns and operates the…



from https://www.bizjournals.com/baltimore/news/2017/10/03/report-laurene-powell-jobs-taking-huge-stake-in.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/166004888577

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