Amazon.com IncImpact on stocks 3
Amazon.com Inc
Manchester United Ltd
ArcelorMittal SAFenway Sports Group sold a minority stake of about 30% in Liverpool FC to an investment consortium that includes Amazon.com Inc. co-founder Jeff Bezos. The consortium, 1892 Holdings, is led by businessman Amit Bhatia and the Mittal Family Trusts, and also includes Facebook.com co-founder Eduardo Saverin and his wife Elaine. The stake is being acquired at a valuation of about $6 billion, and the group plans to eventually obtain a controlling stake, which could boost the valuation to more than $7 billion. FSG said it has no immediate plans to sell the Premier League club. Under the deal, subject to regulatory approvals, Bhatia will become vice chairman and join Liverpool's expanded board along with Elaine Saverin from EE Capital and Bryan Baum from K5 Sports, a sports fund with Bezos as lead investor.
Amazon.com Inc
Manchester United Ltd
ArcelorMittal SA