MLB owners unanimously approve sale of Baltimore Orioles to a group headed by David Rubenstein

MLB owners unanimously approve sale of Baltimore Orioles to a group headed by David Rubenstein

SeattlePI.com

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David Rubenstein’s purchase of the Baltimore Orioles has been approved by Major League Baseball owners. That clears the way for the Angelos family to finalize the sale after over three decades running the team. Approval of 75% of all owners was required, and MLB said the vote was unanimous. It came the day before the team is scheduled to open the season at home against the Los Angeles Angels. Rubenstein can now take over once his investor group officially closes the sale, which is expected sometime Wednesday. The Angelos family has been in control of the Orioles since 1993, when Peter Angelos purchased the team for $173 million.

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