Tuesday, 22 January, 2019

David Tepper named new owner of Carolina Panthers

The sale of the Carolina Panthers has been finalized David Tepper named new owner of Carolina Panthers
Jean Garcia | 17 May, 2018, 09:21

In a release Wednesday, the Panthers announced that hedge fund billionaire David Tepper has agreed to purchase the team from Jerry Richardson. Jones explains why Richardson picked him, how Tepper made his money, which team he wants to emulate as he puts his ownership stamp on the Panthers and the virtual certainty that owners will approve Tepper's bid. "I have learned a great deal about the community and the team over the past several months and look forward to becoming part of the Carolinas", Tepper said in a statement.

The team, owned since its inception in 1993 by former National Football League player and Hardee's fast food restaurant franchisee Jerry Richardson Sr., in January retained Proskauer Rose chairman Joseph Leccese and William "Billy" Moore of leading North Carolina firm Moore & Van Allen to handle a proposed sale.

Sixty-year-old Tepper-who grew up around Pittsburgh and was previously a minority owner of the Pittsburgh Steelers-also said about the 2016 presidential candidates, "you have one person with questionable judgment and the other person may be demented, narcissistic and a scumbag", according to the The New York Post.

Former Panthers owner Jerry Richardson was effectively forced out of ownership following an ongoing investigation into racial and sexual misconduct allegations. The report said the Panthers had reached settlements with at least four former employees regarding inappropriate workplace behavior by Richardson. "The personal relationships we have enjoyed have been very meaningful to us", Richardson said in a statement. It's likely that this gave him an advantage over other bidders in the process.

David Tepper named new owner of Carolina Panthers

The former Denver Bronco quarterback was going to be a part of SC billionaire Ben Navarro's bid to buy the team. Tepper emerged as the early leader, although Navarro at one point appeared to take the lead. Sources told ESPN that Rubin and Tsai bowed out when they were told that they shouldn't participate if they weren't prepared to pay "substantially more than $2.5 billion" - $300 million more than the ultimate sale price.

The Carolina Panthers will have a new man in the owner's suite in 2018.

Sterling was essentially forced to sell the Los Angeles Clippers.

City council member Tariq Bokhari said from all he has heard, David Tepper wants to keep the team here as well. Early in his career, he worked as a credit analyst at Goldman Sachs.

Chadwick Boseman Lauds Student Protesters In College Speech
In the soap opera Boseman played a young black man, with an absent father, and drug-addicted mother, who was lured by a gang. Boseman told graduates he can relate as he, too, spoke up on what he thought were problems when he attended.

Recommended

$0.85 Earnings Per Share Expected for Bristol-Myers Squibb (BMY) This Quarter Moving averages can help smooth out these erratic movements by removing day-to-day fluctuations and make trends easier to spot. A company that manages their assets well will have a high return, while if manages their assets poorly will have a low return.

Russia probe: 'Officials broke protocol' to allow FBI to interview Downer Russia probe: 'Officials broke protocol' to allow FBI to interview Downer Trump has often spoken against the investigation, calling it a "witch hunt" and even suggesting there will be legal action taken against Mueller and his team.

Cisco Earnings: A Slight Beat, a 4% Slide Cisco Earnings: A Slight Beat, a 4% Slide AE Wealth Management LLC's holdings in Cisco Systems were worth $690,000 at the end of the most recent reporting period. Goodman Financial Corp acquired a new stake in Cisco Systems during the fourth quarter worth approximately $115,000.

SunTrust Banks Boosts Amazon.com (AMZN) Price Target to $1900.00 SunTrust Banks Boosts Amazon.com (AMZN) Price Target to $1900.00 Amazon.com accounts for 3.0% of Texan Capital Management's investment portfolio, making the stock its 3rd biggest position. Northwest Investment Counselors Llc increased Amazon Com Inc ( AMZN ) stake by 532.79% reported in 2017Q4 SEC filing.

Fairly Little Liars: The Perfectionists: Watch the First Trailer Fairly Little Liars: The Perfectionists: Watch the First Trailer After the town's first murder, each Perfectionist hides behind a secret, a lie and an alibi. It was less than a year ago that Pretty Little Liars came to an end after seven seasons.

Kangaroo back home after being loose overnight in SC Kangaroo back home after being loose overnight in SC That's how a deputy captioned a Facebook photo of a kangaroo in the road in McCormick County. Multiple Augusta-area outlets reported Tuesday afternoon that the kangaroo is back home.

Liverpool's Georginio Wijnaldum 'really excited' for Champions League final Liverpool's Georginio Wijnaldum 'really excited' for Champions League final Liverpool finished the season in fourth place with 70 points from 38 games and will feature in next season's Champions League . But we don't need to forget that we have so much quality as well.

Kerala Tourism tweet inviting Karnataka MLAs deleted Kerala Tourism tweet inviting Karnataka MLAs deleted There has been a steady rise in the number of MLAs with a criminal background in the Karnataka assembly. Of the 221 lawmakers whose affidavits were analysed by ADR, 35 per cent face criminal cases.

Starbucks Wants to Triple Revenue in China in Four Years Starbucks Wants to Triple Revenue in China in Four Years Introducing these products to China will be "one of the priorities that we focus on early" after the transaction closes, he said. Today Starbucks now has around 3,300 stores in China and it aims to increase this to 6,000 by the end of 2022.

Samsung Galaxy Note 9: Rumors and expectations Samsung Galaxy Note 9: Rumors and expectations It goes on to claim that the phone might be unveiled in August instead of September, a month earlier than a year ago . This revolutionary phone design will house top of the lines specs and raise the bar for smartphone competitors.

Lonmin PLC (LON:LMI) Rating Reconfirmed by Citigroup Today Lonmin PLC (LON:LMI) Rating Reconfirmed by Citigroup Today Dixon Hubard Feinour & Brown Inc Va holds 0.06% of its portfolio in Western Asset Municipal Partners Fund Inc. for 14,650 shares. Today, Peel Hunt reconfirmed their "Buy" rating on Marston's PLC (LON:MARS)'s stock in a research report revealed to investors.

Pompeo reaches out to European counterparts amid Iran tensions Pompeo reaches out to European counterparts amid Iran tensions We have the support of Israel. "Remember how badly Iran was behaving with the Iran Deal in place", he said. President Donald Trump to abandon the agreement. "We don't have much to threaten the Americans".

Sonam Kapoor and Harshvardhan Kapoor to clash at the box-office Sonam Kapoor and Harshvardhan Kapoor to clash at the box-office Race 3 actor Anil Kapoor's children, Sonam and Harshvardhan are headed for a fight for the top spot at the box office this June. Not just that, it has a greater audience potential and is a safe distance away from holdover Hindi and English releases.

NBCUniversal is keeping WWE Raw, Smackdown Live moving to another network NBCUniversal is keeping WWE Raw, Smackdown Live moving to another network At the time, US aired five hours of live WWE programming a week; WWE programming now airs two nights a week on USA. In addition to Raw and Smackdown , WWE produces Main Event and Superstars for their streaming Network service.

ITC fourth-quarter net profit up 9.9 percent to Rs 2933 crore ITC fourth-quarter net profit up 9.9 percent to Rs 2933 crore Revenue from operations fell 28 per cent to Rs 10,813 crore, while excise duty paid was down about 94 per cent. Shares of ITC closed at Rs 285.95 on BSE , up 1.47 percent from previous close.