Deals
Los Angeles Billionaire Is Close to D.C. United Deal
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Billionaire Patrick Soon-Shiong is close to a deal to invest in Major League Soccer’s D.C. United, an agreement that would value the club at a league-record $500 million, according to a person with knowledge of the negotiations.
Soon-Shiong and team Chief Executive Officer Jason Levien are buying the stake held by Erick Thohir, according to the person, who asked to be anonymous because the talks aren’t public.