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Qatar buying a stake in Wizards, Capitals, Mystics, reports say

Por: ABC News Sports June 23, 2023

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Qatar's sovereign wealth fund is buying a roughly 5% stake in the parent company of the NBA's  , NHL's   and WNBA's   as part of a deal that values the entire portfolio at over $4 billion, a person with knowledge of the sale told the Associated Press on Thursday.It is believed to be the first time the government of Qatar is investing in U.S. professional sports. first reported the transaction, saying it is the first time... + full article



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