Alex Rodriguez has tapped Wachtell, Lipton, Rosen & Katz for his $1.5 billion purchase of the National Basketball Association’s Minnesota Timberwolves, the second time in the past year the former baseball star has aimed to acquire a professional sports team with the help of the Wall Street law firm.
Wachtell, which represented Rodriguez on his unsuccessful attempt to buy Major League Baseball’s New York Mets last year, took the lead for Rodriguez and entrepreneur Marc Lore on the completion of their purchase of the Timberwolves and Minnesota Lynx of the Women’s National Basketball Association.
A source briefed on the negotiations ...
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