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Stock impact report

Seattle Seahawks for sale: Super Bowl champions' latest valuation [USA TODAY]

LPL Financial Holdings Inc. (LPLA) 
Last lpl financial holdings inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lpl.com
Company Research Source: USA TODAY
"The Estate of Paul G. Allen today announced it has commenced a formal sale process for the Seattle Seahawks NFL franchise, consistent with Allen's directive to eventually sell his sports holdings and direct all Estate proceeds to philanthropy," the statement read. "The Estate has selected investment bank Allen & Company and law firm Latham & Watkins to lead the sale process, which is estimated to continue through the 2026 off-season. NFL owners must then ratify a purchase agreement," it continued. Allen, co-founder of the Microsoft Corporation, purchased the Seahawks in 1997 for $194 million. Allen died in 2018 at age 65 and team ownership was transferred to the Allen estate, managed by his sister Jody. Seahawks coach Mike Macdonald was asked about a potential sale of the franchise leading up to Super Bowl 60. "To go with the sale and the ownership... nothing's changed from two weeks ago or nothing's changed since I interviewed for the job with Jody two years ago," Macdonald Show less Read more
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