Goldman Sachs Is Reportedly Creating A "Sports Franchise" Unit Within Its Investment Banking Division That Will Combine Sports M&A With Sports Financing - WSJ
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs is reportedly creating a 'Sports Franchise' unit within its investment banking division. This new unit will combine sports mergers and acquisitions (M&A) with sports financing, according to the Wall Street Journal.

September 15, 2023 | 12:48 pm
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Goldman Sachs' new 'Sports Franchise' unit could potentially increase the company's revenues by tapping into the lucrative sports M&A and financing market.
The creation of the 'Sports Franchise' unit within Goldman Sachs' investment banking division could potentially increase the company's revenues. This is because the sports M&A and financing market is lucrative and growing. Therefore, this move could be seen as a positive development for the company, potentially leading to an increase in its stock price in the short term.
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