Boston Red Sox owner John Henry is in talks with a blank-check company to take his sports holdings public, people familiar with the matter said.
Breaking news from The Wall Street Journal
| Deals Alert | | Red Sox Owner in Talks for Deal With RedBall Acquisition |
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| | Boston Red Sox owner John Henry is in talks to join with an investment vehicle for an $8 billion deal that would take his famed sports holdings public, according to people familiar with the matter. The deal being discussed would merge Fenway Sports Group, which also owns English soccer team Liverpool Football Club, with RedBall Acquisition, the people said. RedBall is a so-called special purpose acquisition company launched by private-equity firm RedBird Capital Partners and Oakland Athletics executive Billy Beane. |
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