Stan Kroenke Buys Arsenal Soccer Team
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“American businessman Stan Kroenke has increased his shareholding in Arsenal to 62.89% and agreed to make an offer for the rest of the club.
A full takeover was triggered after Kroenke Sports Enterprises acquired the stakes of Danny Fiszman (16.1%) and Lady Nina Bracewell-Smith (15.9%).
The terms of KSE’s deal have been agreed and value Arsenal shares at £11,750 each and the club at £731m.”
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