MLB owners unanimously approve sale of Baltimore Orioles to group headed by David Rubenstein [Globe and Mail, The (Toronto, Canada)]
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Source: Globe and Mail, The
the way for the Angelos family to finalize the sale after over three decades running the team. Approval of 75 per cent of all owners was required, and MLB said the vote was unanimous. It came the day before the team is scheduled to open the season at home against the Los Angeles Angels. Rubenstein and his investor group were expected to close the purchase later Wednesday. “To own the Orioles is a great civic duty,” Rubenstein, a Carlyle Group Inc. co-founder, said in a statement. “On behalf of my fellow owners, I want the Baltimore community and Orioles fans everywhere to know that we will work our hardest to deliver for you with professionalism, integrity, excellence, and a fierce desire to win games.” The Orioles scheduled a news conference for Thursday morning with Rubenstein and Maryland Gov. Wes Moore. Angelos and his family took control of the Orioles in 1993, when Peter Angelos purchased the team for $173-million. Angelos' health took a turn for the worse in recent year
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