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Yankees receive $2.6 billion in deal with private equity fund
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Yankees receive $2.6 billion in deal with private equity fund

1 min read

The Yankees may use the money to handle debt and pursue new ventures.

The New York Yankees have received a massive capital infusion via a deal with an arm of Apollo Global Management, a New York-based asset management firm. Yankee Global Enterprises is receiving $2.6 billion from Apollo Sports Capital. The deal, announ... [1373 chars]

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Source: The New York Times

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