PGA-LIV Deal Faces Delay Over Antitrust, Players Demand Stake

Oct. 6, 2023, 11:28 AM UTC

The end of year deadline for the PGA Tour and Saudi-backed LIV Golf to finalize their historic merger is likely to be pushed back as US regulators dig their heels in and players demand more power in the new entity.

The deal is far from complete as the golf circuits respond to a range of issues including a US Justice Department probe over antitrust concerns and talks with PGA Tour players on how much control they will have over the new league, according to people familiar with the matter who asked not to be identified because of the private nature ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.