Red Sox owner to take Fenway Sports public through merger with RedBall

The deal being discussed would merge Fenway Sports Group with RedBall Acquisition Corp and will value the owner of the Liverpool Football Club at around $8 billion (£6.13 billion) including debt, the Journal reported. The deal talks are in the early stage and could still fall apart, the newspaper said. RedBall, a special purpose acquisition company (SPAC), is co-chaired by former Goldman Sachs banker Gerald Cardinale and baseball executive Billy Beane, who shot to fame with Michael Lewis’s book ...

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