Justice Department to probe PGA Tour deal with Saudi-funded LIV Golf

Politics

PGA TOUR logo is seen during the second round of the Farmers Insurance Open at Torrey Pines South on January 29, 2021 in San Diego, California.
Ben Jared | Pga Tour | Getty Images

The Justice Department’s Antitrust Division has informed the PGA Tour it will review the organization’s proposed merger with Saudi-funded LIV Golf, a source told NBC News.

The Justice Department declined to comment.

The announcement of the deal last week immediately triggered antitrust concerns.

This week, Democratic Sens. Elizabeth Warren of Massachusetts and Ron Wyden and Oregon urged the DOJ to open a probe into the agreement. Sen. Richard Blumenthal, D-Conn., also opened an investigation into the deal. Wyden launched his own investigation Thursday.

This is breaking news. Check back for updates.

Products You May Like

Articles You May Like

Three New ‘Fear Street’ Movies in the Works
OpenAI’s Sam Altman denies sexual abuse allegations made sister, Ann
It seems Radio 1 is under corporate control and not the way I remember it
La Niña is finally here but it won’t stay for long
Solar wind squashed Uranus’s magnetosphere during Voyager 2 flyby – Physics World