'Pohlad Family Plans To Sell Minnesota Twins After 40 Years Of Ownership' - Sports Illustrated
Portfolio Pulse from Benzinga Newsdesk
The Pohlad family announced plans to sell the Minnesota Twins after 40 years of ownership. The Twins are valued at $1.7 billion, ranking 19th in MLB. The family aims to find a new ownership group that will continue to care for the team and its community.
October 10, 2024 | 3:29 pm
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NEUTRAL IMPACT
The sale of the Minnesota Twins by the Pohlad family could impact Liberty Media Corporation (BATRA), which has interests in sports teams. The Twins' valuation at $1.7 billion may influence market perceptions of sports team valuations.
Liberty Media Corporation (BATRA) has interests in sports teams, and the sale of the Twins at a high valuation could affect market perceptions of sports team valuations. However, the direct impact on BATRA is uncertain as the company is not directly involved in this transaction.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50