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PGA Tour and LIV Golf announce surprising merger

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The PGA Tour, DP World Tour and their rival Saudi-backed LIV Golf have announced they will combine operations to create a new worldwide golf entity. The Public Investment Fund (sovereign wealth fund of Saudi Arabia) will make a large minority investment in the new entity. All pending litigation mutually ended under the new agreement.

  1. USThe Wall Street Journal
    1. PGA Tour, LIV Golf Fought Each Other Into a Merger
    2. PGA Tour and LIV Agree to Merge in Surprise Move
    3. PGA Tour, Saudi-Backed LIV Golf Agree to Merge
  2. USCNN
    1. LIV Golf and PGA Tour merger: here's everything you need to know
    2. Donald Trump calls shock PGA Tour-LIV Golf partnership 'big, beautiful, and glamorous deal' for golf
  3. GBThe Times
    1. Q&A: when will merger start and how does it affect Ryder Cup?
  4. CACTV News
    1. PGA-LIV merger shocks golf world ahead of Canadian Open
  5. QAAl Jazeera
    1. What does the shock PGA Tour-LIV merger mean for golf?

PGA Championship

  1. PGA Tour of America faces backlash over high ticket prices for Ryder Cup
  2. PGA Tour announces new $3 billion investment and player equity offer
  3. Jon Rahm plans to leave PGA Tour for LIV Golf

sources

  1. 1.CNN
  2. 2.The Wall Street Journal
  3. 3.CTV News
  4. 4.The Times
  5. 5.Al Jazeera
  6. 6.Financial Times
  7. 7.CNBC

perspectives

  1. 1.Mergers and acquisitions
  2. 2.Golf

countries

  1. 1.Saudi ArabiaSA
  2. 2.United StatesUS
  3. 3.CanadaCA
  4. 4.AustraliaAU
  5. 5.Korea, Republic ofKR

organizations

  1. 1.PGA Tour
  2. 2.LIV Golf Series
  3. 3.DP World Tour
  4. 4.Public Investment Fund
  5. 5.European Tour
  6. 6.PIF
  7. 7.European Union
  8. 8.Truth Social
  9. 9.Newcastle United
  10. 10.Trump National Golf Club
  11. 11.Human Rights Campaign
  12. 12.4Aces

persons

  1. 1.Jay Monahan
  2. 2.Wesley Bryan
  3. 3.Dustin Johnson
  4. 4.Phil Mickelson
  5. 5.Yasir Al-Rumayyan
  6. 6.Collin Morikawa
  7. 7.Brooks Koepka
  8. 8.Bryson DeChambeauUS
  9. 9.Mackenzie Hughes
  10. 10.Rory McIlroyIE
  11. 11.Tiger WoodsUS
  12. 12.Donald TrumpUS

technicals

  1. 1.Ryder Cup
  2. 2.PGA Championship
  3. 3.Canadian Open
  4. 4.RBC Canadian Open
  5. 5.Hall of Fame
  6. 6.September 11 Terrorist Attacks
PGA Tour and LIV Golf announce surprising merger