Michigan and USC's public opposition led to UC Investments holding off on the potential $2.4 billion deal with the Big Ten.
MSU Trustee Mike Balow, in a statement to The Detroit News this week, questioned the transparency of the proposed deal.
The pension fund does not want to sign a deal without Michigan and USC. The post UC Investments Says Big Ten Deal Is Off Until Schools Can Agree appeared first on Front Office Sports.
The Big Ten’s proposed $2.4 billion deal with UC Investments has been tabled for now due to opposition from Michigan and USC.
BOSTON & OAKLAND, Calif.--(BUSINESS WIRE)--UC Investments, the investment arm of the University of California, and State Street Corporation (NYSE: STT), a global leader in asset management and ...
UC Investments offered $2.4 billion for a 10% stake in a new entity that would manage the Big Ten’s league-wide media rights and sponsorship deals. The UC said it would use a pension fund to invest in ...
BOSTON & OAKLAND, Calif.–(BUSINESS WIRE)– UC Investments, the investment arm of the University of California, and State Street Corporation (NYSE: STT), a global leader in asset management and ...