More on @staceyabrams - @MLB discussions before @RobManfred decided to move All Star game out of Atl (1/3): Sources w direct knowledge of the matter say Abrams made it clear to BB execs she wanted League support for a broad array of voting rights issues even if she was not...
(2/3) directly advocating leaving Atl over the GA voting rights bill. “She wanted us to do more than just a pre game ceremony” according to one baseball exec. “Baseball would have to be in the market for doing stuff involving voting rights." Manfred believed the least political..
(3/3) solution was getting out of Atlanta given the pressure he was receiving to embrace a political position. MLB is said to have similar discussions w @KingJames. James had no comment. Abrams spox said she didnt speak to Manfred directly but wouldnt deny speaking to @MLB
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SCOOP (1/4): @FoxBusiness has confirmed Melvin Capital considered a "range of options" including selling itself or liquidating amid massive $GME losses, but the firm has sharply reduced leverage & ppl there believe the worst is over. Obviously the situation is fluid. Sources also
(2/4) say Citadel @citsecurities discussed a buyout w Melvin mgt, but Melvin ultimately demurred through a massive deleverage. The firm believes it can survive now that it has money from Pt. 72 and Citadel combined w much lower leverage that will reduce portfolio volatility.
BREAKING (thread) For now (and these things can change) bidding for @Mets is coming down to Steve Cohen and Harris Blitzer. Despite all the leaks of investors, the @AROD group doesnt appear to have enough cash to compete, at least not yet. Again, this could change with another
Repole/Viola bidder willing to put up multiple hundreds of millions of dollars in CASH. But if this is Cohen v H&B, big question whether H&B will seek to outbid Cohen and his $2b valued offer for the team. H&B have said i the past they wouldnt but that doesnt mean they wont. ALSO
My sources say Cohen has made some calls about his ability to survive an owners vote because of his insider trading issues, and because he might spend on players. He has been told by @MLB execs he should be OK. Cohen also continues to say he wants @SNYtv,