A-Rod, Marc Lore Tap Dyal to Finance Sale of Timberwolves
Marc Lore and Alex Rodriguez have partnered with private equity firm Dyal Capital to complete a payment needed to become controlling owners of the NBA’s Minnesota Timberwolves and WNBA’s Minnesota Lynx. The capital injection from the newest limited partner comes a week before the payment deadline that would give Lore and Rodriguez controlling interest in …
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