Allen Estate Launches Seattle Seahawks Sale, Directing Proceeds Toward Philanthropy
TL;DR Summary
The Estate of Paul G. Allen has begun a formal sale process for the Seattle Seahawks, appointing investment bank Allen & Company and law firm Latham & Watkins to lead. The sale is expected to continue through the 2026 offseason and must be ratified by NFL owners in a final purchase agreement, in line with Allen’s directive to eventually sell his sports holdings and direct proceeds to philanthropy.
Topics:sports#allen-and-company#business#latham-and-watkins#paul-g-allen#sale-process#seattle-seahawks
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