They will not be diluted. CHICAGO — Chicago-area billionaire Justin Ishbia has dropped his pursuit of the Minnesota Twins, The Athletic has learned, and will instead buy more shares from other ...
The dispute stemmed from an October 2020 land exchange agreement between the park district and a trust controlled by Ishbia. Along with his brother, Ishbia is the co-owner of an NBA team and the ...
Justin Ishbia, the billionaire part-owner of the Phoenix Suns, had been the only publicly identified prospective buyer for the Minnesota Twins since the Pohlad family said they were exploring a sale.
"People around the league were talking about how the league and the Twins had vetted Justin Ishbia," said Hayes. "Those people all believed that Justin Ishbia was going to take over the club by ...