SEC filing says $2 billion Sands stock sale to fund Mavericks deal completed | Casinos & Gaming
The stock sale provides the funds necessary for Dr. Miriam Adelson to acquire a majority stake of the NBA’s Dallas Mavericks.
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The stock sale provides the funds necessary for Dr. Miriam Adelson to acquire a majority stake of the NBA’s Dallas Mavericks.
BBC News Published image captionSheldon Adelson was the son of immigrant parents Sheldon Adelson had a front row seat the day the US moved its embassy from Tel Aviv to Jerusalem in 2018. For the US casino magnate and staunch Israel supporter, it was the culmination of years of campaigning - and his support for Donald Trump and the Republicans. The man dubbed the Republican party's kingmaker had gone as far as offering to use some of his $36bn (£27bn) fortune to help build the embassy in order to ensure the move went ahead. It was a remarkable rise for the son of Jewish immigrants born in a o...