JOURNAL ARTICLE

Arctos Is in Talks to Buy Minority Stake in the NFL's Buffalo Bills.

  • Published In: Bloomberg.com, 2024. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Tan, Gillian; Williams, Randall 3 of 3

Abstract

Arctos Partners, an investment firm, is in discussions to purchase a minority stake in the NFL's Buffalo Bills from billionaire Terry Pegula. The potential transaction has not been finalized, and other interested parties may emerge. The NFL recently allowed private equity investors to own up to 10% of a team, with Arctos Partners being one of the firms approved. Pegula's net worth is $12.3 billion, and the Bills have never won a Super Bowl. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2024/10, pN.PAG
  • Document Type:Article
  • Subject Area:Sports and Leisure
  • Publication Date:2024
  • Accession Number:180633660
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