PGA Tour lands $3B investment from U.S. group as Saudi talks continue

PGA Tour lands $3B investment from U.S. group as Saudi talks continue

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The PGA Tour signed a $3 billion investment agreement with a consortium led by Fenway Sports Group, as talks with Saudi Arabia's Public Investment Fund remain ongoing. Why it matters: This will allow the pro golf group to beef up its commercial business and provide a financial stake to players.…

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