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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 and LIV Agree to Merge in Surprise Move
    2. PGA Tour, LIV Golf Fought Each Other Into a Merger
    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.The Times
  2. 2.CNN
  3. 3.CTV News
  4. 4.The Wall Street Journal
  5. 5.Al Jazeera
  6. 6.CNBC
  7. 7.Financial Times

perspectives

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

countries

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

organizations

  1. 1.LIV Golf Series
  2. 2.PGA Tour
  3. 3.DP World Tour
  4. 4.Public Investment FundSA
  5. 5.European Tour
  6. 6.European Union
  7. 7.PIF
  8. 8.Truth Social
  9. 9.4Aces
  10. 10.Amnesty InternationalGB
  11. 11.Bell
  12. 12.English Premier League

persons

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

technicals

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