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BALTIMORE (AP) — Peter Angelos, owner of a Baltimore Orioles team that endured long losing stretches and shrewd proprietor of a law firm that won high-profile cases against industry titans, died Saturday. He was 94. Angelos had been ill for several years. His family announced his death in a statement released by the Orioles that […]
The attorney acquired huge settlements from Philip Morris and on behalf of workers sickened by asbestos. In 1993, he led a group who purchased the team for $173 million -- a record at the time for a sports franchise.
Angelos bought the team with a consortium back in 1993 from New York venture capitalist Eli Jacobs at a price of $173m. Forbes has recently valued the Orioles at $1.713bn.
Longtime Baltimore Orioles owner Peter Angelos has died at the age of 94