A major shareholder of Atlanta Braves Holdings is publicly pushing the team’s board to explore a sale, arguing the current sports market presents a rare opportunity ownership shouldn’t let pass by. Businesswire.com reported this news and published a letter to the Braves from Breach Inlet Capital Management.
Breach Inlet, which has held its stake in the company for nearly a decade, laid out its case in a letter addressed to the Braves’ board of directors. The firm argues a confluence of factors — a booming sports sales market, looming labor uncertainty in Major League Baseball, and unfavorable tax changes on the horizon — make now the ideal…
Read the full article at FINANCE.YAHOO.COM
