Justice Department to probe PGA Tour deal with Saudi-funded LIV Golf

1 year ago 124

PGA TOUR logo is seen during the 2nd circular of the Farmers Insurance Open astatine Torrey Pines South connected January 29, 2021 successful San Diego, California.

Ben Jared | Pga Tour | Getty Images

The Justice Department's Antitrust Division has informed the PGA Tour it volition reappraisal the organization's projected merger with Saudi-funded LIV Golf, a root told NBC News.

The Justice Department declined to comment.

The announcement of the woody past week instantly triggered antitrust concerns.

This week, Democratic Sens. Elizabeth Warren of Massachusetts and Ron Wyden and Oregon urged the DOJ to open a probe into the agreement. Sen. Richard Blumenthal, D-Conn., besides opened an probe into the deal. Wyden launched his ain investigation Thursday.

This is breaking news. Check backmost for updates.

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