Keep up with the latest news from The RLJ Companies.
NBA Owners Approve Bobcats Sale
The National Basketball Association's (NBA) Board of Governors has votedunanimously to approve the purchase by Michael Jordan of a majority interest in Bobcats Sports & Entertainment (BSE). The investment gives Jordan a controlling interest in the companies that operate the NBA's Charlotte Bobcats and Time Warner Cable Arena, located in uptown Charlotte. After a Hall…
Statement by Robert L. Johnson Majority Ownership Sale of the NBA Charlotte Bobcats
Robert L. Johnson, the majority owner of Bobcats Sports and Entertainment today announced that he has signed a definitive agreement to sell majority interest of Bobcats Sports and Entertainment to Michael Jordan and MJ Basketball Holdings, LLC. The deal is subject to NBA approval. Further details of the sale will be provided by the NBA.
CNBC Video: Off Center
The reasons why centrist Senator Evan Bayh (D-IN) is not seeking a third term, with CNBC’s John Harwood and Robert Johnson, RLJ Companies.
Alliance planning homes for Haiti, The Miami Herald
Businessman and Black Entertainment Television founder Robert L. "Bob'' Johnson is behind the latest push to rebuild Haiti. On Tuesday, Johnson said his Maryland-based RLJ Companies are joining forces with Global Building Solutions, cruise giant Royal Caribbean and Haiti-based WIN Group to build two factories in Haiti that could churn out about 800 homes per…