US Lawmakers and Golf Industry Clash Over Proposed Merger
TL;DR Summary
Senate Banking Chairman Sherrod Brown and Rep. Maxine Waters have asked the Treasury Department to determine whether the merger between the PGA Tour and LIV Golf, backed by Saudi Arabia's sovereign wealth fund, poses national security risks. The merger has drawn criticism from families of the victims of the Sept. 11 terror attacks and high-profile PGA Tour players. The new post-merger golf entity would be owned entirely by Saudi Arabia's wealth fund.
- Democrats Ask Treasury To Determine If Golf Merger Is A National Security Risk HuffPost
- PGA Tour, LIV Golf file motion to drop antitrust lawsuits - ESPN ESPN
- Some US Lawmakers Unhappy With Proposed PGA-LIV Golf Merger Voice of America
- Senator issues letter to Jay Monahan questioning Saudi Arabia's ownership stake Golf Channel
- Golfers need to seize power from the PGA and LIV deal-makers The Washington Post
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
2 min
vs 3 min read
Condensed
85%
485 → 72 words
Want the full story? Read the original article
Read on HuffPost