Announced
Completed
Financials
Sources
Tags
United States
baseball club
Recreational Services
Acquisition
Majority
Private
Domestic
Completed
Friendly
Single Bidder
Synopsis
Diamond Baseball Holdings, an organization that owns and operates select minor league clubs, completed the acquisition of Norfolk Tides, a baseball club. Financial terms were not disclosed. “The Tides are stronger than we’ve ever been, and it feels like the right time to pass the baton to Pat, Peter, and the DBH team to carry forward the rich history of professional baseball in Norfolk. hank you to the Norfolk community and our fans for so many incredible years. I am confident that there is so much more to come for this club and am excited to see what Joe and the front office will do next with the support of DBH and in continued partnership with the Baltimore Orioles," Ken Young, Norfolk Tides President.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.