Law360: Sports Tech Sees Threefold Increase In M&A Deal Values
October 10, 2024
The sports tech sector experienced a major increase in merger and acquisition deal values in the first half of this year with US$27.3 billion, compared with the second half of 2023 with US$8.6 billion. One of the deals this year was Liberty Media Corp.’s agreement to acquire Dorna Sports SL from Bridgepoint and the Canada Pension Plan Investment Board for US$4.5 billion. O’Melveny & Myers LLP represented Liberty on the deal.
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