Sky To Split With British Cycling EPL Reveals '14-15 Revenue Distribution Diageo Sells Gleneagles To Ennismore BCCI Mulling Performance Incentives Scudamore: FIFA Needs Businessperson Study: Wimbledon Top Social Media Slam Silverstone Expects Record-Breaking Crowd Heineken Kicks Off RWC Sponsorship UEFA Softens FFP Regulations Wimbledon Players Fearing For Safety
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
SBD Global/May 8, 2013/Finance
IMG Reportedly Rejects A Combined $2B Bid From Colony Capital, Qatari Royals
Published May 8, 2013
ON YOUR MARK: FORBES' Naazneen Karmali reported Ambani, "has reportedly joined the race to acquire IMG Worldwide," which "is expected to fetch" up to $3B. What’s working in Ambani’s favor is that his Reliance Industries "already has a joint venture with IMG," one of four such partnerships the agency has outside the U.S. No official confirmation from either IMG or Reliance "is as yet forthcoming" (FORBES, 5/5).