MANU - What's Going On With Manchester United Stock Today? | Benzinga
Manchester United Ltd (NYSE: MANU) shares are trading higher Tuesday after the company announced it reached a deal to sell 25% of its shares for $33 per share.
What Happened: Manchester United entered into an agreement in which INEOS chairman Sir Jim Ratcliffe will acquire 25% of its Class B shares and up to 25% of its Class A shares for $33 per share.
Under terms of the agreement, Ratcliffe will provide an additional $300 million intended to enable future ...