Quote:
Originally Posted by SuperMatt18
Is that what they are saying?
Or are they saying we just made 4B on a 300M investment and are cashing out while the team value is high and we are performing well.
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I think it is. Look at the model that FSG uses for all of their other businesses.
If they just wanted to make a ton of cash and ride off into the sunset they could be selling all kinds of assets, the Red Sox, they havent owned the Penguins that long, you get the idea though.
Selling off assets, even after significant appreciation is not really their MO.
They typically purchase, invest, grow and hold.