Latest David M. Rubenstein News

A new era in Baltimore: Orioles eye bright future as David Rubenstein takes over as owner

Mar. 28, 2024 19:00 PM EDT

BALTIMORE (AP) — David Rubenstein took over the Baltimore Orioles at a particularly optimistic moment for the franchise — and the new owner seems well aware of what this team could accomplish in the immediate future. “Today is an easy day to say everything is great, and...

MLB owners unanimously approve sale of Baltimore Orioles to a group headed by David Rubenstein

Mar. 27, 2024 13:18 PM EDT

David Rubenstein's purchase of the Baltimore Orioles was approved Wednesday by Major League Baseball owners, clearing the way for the Angelos family to finalize the sale after over three decades running the team. Approval of 75% of all owners was required, and MLB said the vote was...

Orioles sale clears another step with ownership committee's recommended approval, AP source says

Mar. 08, 2024 21:35 PM EST

A Major League Baseball ownership committee has recommended approval of the sale of the Baltimore Orioles, one of several steps toward finalizing the purchase, according to a person familiar with the decision. The person spoke on condition of anonymity Friday night because the...

Cal Ripken Jr. and Grant Hill are part of the investment team that has agreed to buy the Orioles

Jan. 31, 2024 16:42 PM EST

Cal Ripken Jr. and Grant Hill are part of the investor group that has agreed to buy the Baltimore Orioles, and so are former New York Mayor Michael Bloomberg and former Baltimore Mayor Kurt Schmoke. The group is headed by Baltimore native David Rubenstein, co-founder of the Carlyle...

David Rubenstein has a deal to buy the Baltimore Orioles for $1.725 billion, AP source says

Jan. 30, 2024 21:47 PM EST

Carlyle Group Inc. co-founder David Rubenstein has reached an agreement to buy the Baltimore Orioles for $1.725 billion, according to a person with knowledge of the deal. The person spoke to The Associated Press on condition of anonymity Tuesday night because the agreement had not...

AP source: Carlyle Group Inc. co-founder David Rubenstein has a deal to buy the Baltimore Orioles for $1.725 billion

Jan. 30, 2024 20:50 PM EST
BALTIMORE (AP) — AP source: Carlyle Group Inc. co-founder David Rubenstein has a deal to buy the Baltimore Orioles for $1.725 billion.