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By Steve DelVecchio  |  Last updated 5/11/21 Alex Rodriguez and tech entrepreneur Marc Lore reached an agreement earlier this year to buy the Minnesota Timberwolves, but they appear to have hit an obstacle while working to close the deal. Rodriguez’s investment group had a 30-day exclusive window to negotiate a deal with current T-Wolves owner Glen Taylor. That time period has expired without a formal agreement in place, ESPN’s Brian Windhorst reports. That does not mean the deal is dead, however. Windhorst was told the two sides are still negotiating in good faith and ...

Tech entrepreneur Marc Lore and former baseball star Alex Rodriguez's 30-day exclusive negotiating window to purchase the Minnesota Timberwolves from Glen Taylor has ended without a formal deal. Both sides are continuing to negotiate in good faith in an attempt to reach an agreement and it is possible that an extension to the window could be worked out, but one isn't currently in place, sources told ESPN. Taylor announced on April 10 he intended to sell the team to Lore and Rodriguez after meetings over the previous week. The purchase price was expected to be around $1.5 billion including deb...

Group including Alex Rodriguez has not reached deal to purchase NBA's Minnesota Timberwolves May 11, 2021 Photo by Kelly Backus / ESPN Images (MINNEAPOLIS) — A group including former baseball star Alex Rodriguez and tech entrepreneur Marc Lore has not yet closed a deal to purchase the Minnesota Timberwolves, as their 30-day exclusive negotiating window came to an end. Sources tell ESPN that the two sides continue to negotiate in good faith in an effort to reach a deal, and that an extension to the exclusive window could be worked out. Last month, Timberwolves owner Glen Taylor announced...

May 11, 2021 Alex Rodriguez and the Timberwolves have yet to reach a sale agreement at the expiration of their 30-day exclusive negotiating window, according to ESPN's Brian Windhorst. Rodriguez and his partner Marc Lore reached an agreement to negotiate a purchase of the Timberwolves on April 10. But after a month of negotiating with Minnesota owner Glen Taylor, no deal has been reached. There is still time for a deal to be struck between Taylor and Rodriguez's group. The sides are "continuing to negotiate in good faith" and could agree to an extension for the negotiating window, per Windh...

Winnipeg Free Press  Thematic ETFs all the rage, offering easy, low-cost ways to put your money behind just about everything By: Joel Schlesinger   Choose almost any investment idea and there’s an ETF for that. Opinion Hold on. What’s an ETF, you might ask? Well, it’s an exchange-traded fund, and it’s largely displaced mutual funds as a way for investors to purchase baskets of stocks for a small fee. Often the fee is a 10th of mutual fund fee. As well, ETFs trade like stocks on exchanges. Typically, they involve passive ...