The Latest Breaking News from Greg Penner

Walmart Heir Rob Walton Buys American Football Franchise Denver Broncos

Rob Walton, one of the heirs of Walmart Inc (NYSE:WMT) fortune, has agreed to acquire the American football franchise, Denver Broncos. The deal was sealed for $4.65 billion, the Wall Street Journal reported. The purchase and sale agreement calls for the Walton-Penner family to acquire the Denver Broncos from the Pat Bowlen Trust. The report…

Benzinga · Jun 8, 2022

Rob Walton group agrees to buy Broncos for $4.65 billion

A group led by Walmart heir Rob Walton has agreed to purchase the Broncos for $4.65 billion. The sale is subject to NFL approval.

USA Today Sports Media Group · Jun 8, 2022

Broncos sold to Walmart heirs for reported record of $4.65 billion

The price tag far surpasses the $3.1 billion sale last month of Chelsea FC, one of Europe’s premier soccer clubs.

Chicago Sun-Times · Jun 8, 2022