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NFL team seeking investors for minority ownership stake
The New York Giants are considering selling up to a 10% stake in the team, which could set a record for NFL franchise valuation. The Mara and Tisch families each own 50% of the team, with John Mara and Steve Tisch in control since 2005. The Giants have hired Moelis & Co. to explore the sale of a non-controlling stake. The move comes after the NFL approved private equity firms to buy up to 10% of teams. The team’s latest valuation is around $7.3 billion. This decision follows similar recent sales in the league, including the Philadelphia Eagles and other teams.
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