Chinese billionaire buys 1% stake in the Miami Dolphins at record $12.5 billion valuation [Fortune]
Ares Management Corporation Class A (ARES)
Last ares management corporation class a earnings: 2/13 06:00 am
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Source: Fortune
Recommended Video The minority, non-controlling interest sale was approved by the NFL on Tuesday and is expected to close in the coming days. The deal includes Hard Rock Stadium, the Formula 1 Miami Grand Prix and the Miami Open. The $12.5 billion valuation is the highest for a minority transaction in professional sports. Bin co-founded the Chinese consumer electronics company Xiaomi in 2010. He earned a master's degree from Philadelphia's Drexel University in 1992 and worked as a software engineer at Microsoft and Google for more than 15 years before co-founding Xiaomi. “I am privileged to have the opportunity to invest in the Miami Dolphins and the amazing sports business built by the great entrepreneur Stephen Ross,” Bin said in a statement. “This world-class team operates not only the Dolphins but also the incredible Hard Rock Stadium and a host of renowned sporting events from Formula 1 racing to the Miami Open. As a huge sports fan, it's a wonderful investment and learn
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ARES
Earnings
- 2/5/26 - Miss
ARES
Sec Filings
- 2/25/26 - Form S-3ASR
- 2/25/26 - Form 10-K
- 2/24/26 - Form 4
- ARES's page on the SEC website