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Limited Partner

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sports2 years ago

Phillies' Ownership Group Welcomes New Limited Partner Stanley C. Middleman

Stanley C. Middleman, founder of Freedom Mortgage, is set to become a limited partner in the Philadelphia Phillies ownership group, pending approval from Major League Baseball. The Buck family plans to sell a third of its interest in the team to Middleman, who will own 16.25% of the team. The addition of a new limited partner should strengthen the Phillies' financial standing, but fans should not notice any differences in the day-to-day operations of the team.