Ownership group of NBA champion Boston Celtics is putting team up for sale [Yahoo! Finance]
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Las Vegas Sands Corp. (LVS)
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Source: Yahoo! Finance
NBA basketball championship with a duck boat parade Friday, June 21, 2024, in Boston. (AP Photo/Michael Dwyer) ASSOCIATED PRESS BOSTON (AP) — The ownership group that controls the reigning NBA champion Boston Celtics says it intends to sell all its shares of the team. In a statement released Monday, Boston Basketball Partners LLC said it intends to sell the majority of its shares in 2024 or early 2025. The balance of its shares would then close in 2028. Wyc Grousbeck, whose family leads the ownership group, is expected to remain the team's NBA governor until the sale is complete. “The controlling family of the ownership group, after considerable thought and internal discussion, has decided to sell the team for estate and family planning considerations,” the statement said. The Celtics defeated the Dallas Mavericks in the NBA Finals last month to capture the franchise's 18th championship. Boston Basketball Partners —- led by venture capitalist Grousbeck, his father and in
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News
- Trump Raises $331 Million in Quarter as War Chest Now Tops Biden [BNN Bloomberg (Canada)]BNN Bloomberg
- Las Vegas Sands Corp. (NYSE: LVS) had its price target lowered by analysts at Wells Fargo & Company from $60.00 to $58.00. They now have an "overweight" rating on the stock.MarketBeat
- 0.3% earnings growth over 5 years has not materialized into gains for Las Vegas Sands (NYSE:LVS) shareholders over that period [Yahoo! Finance]Yahoo! Finance
- Ownership group of NBA champion Boston Celtics is putting team up for sale [Yahoo! Finance Canada]Yahoo! Finance Canada
- Ownership group of NBA champion Boston Celtics is putting team up for sale [Financial Post (Toronto, Ontario, Canada)]Financial Post
LVS
Earnings
- 4/17/24 - Beat
LVS
Sec Filings
- 5/16/24 - Form 8-K
- 5/10/24 - Form 4
- 5/10/24 - Form 4
- LVS's page on the SEC website