VSTO - Regulatory Shadow Over Saudi Golf League LIV And PGA Tour Merger | Benzinga
The merger between the PGA Tour and Saudi-backed LIV Golf, initially set to be finalized by December 31, faces potential delays amid regulatory concerns in the U.S. and demands by PGA Tour players for a stake.
The players, guided by the Raine Group, are instrumental in the ongoing negotiations, underscoring a shift from earlier discussions that excluded them.
The U.S. Justice Department's review of the proposed merger adds another complexity stemming from antitrust concerns.
The players, including notable names like Tiger Woods and Rory McIlroy, are advocated by Raine Group, marking a stark shift from ...