Mitchell Morgan and Guntram Weissenberger Jr. completed the acquisition of a minority stake in the Philadelphia Phillies.

Mitchell Morgan and Guntram Weissenberger Jr. completed the acquisition of a minority stake in the Philadelphia Phillies, an American professional baseball team. Financial terms were not disclosed. “Their significant investment is a vote of confidence in our baseball operations, and the financial resources they are providing will allow us to pursue our strategic growth opportunities and long-term goals. Additionally, their strong commitment to Philadelphia and their philanthropic leadership perfectly aligns with the Phillies, making them the ideal partners to continue to grow our franchise,” John Middleton, Phillies Managing Partner and Chief Executive Officer.