Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Shivani Kumaresan

Walmart Heir Rob Walton Buys American Football Franchise Denver Broncos

Rob Walton Denver Broncos Walmart WMT Carrie Walton Penner Football Greg Penner Flickr NFL NYSE
  • 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 noted Walmart chairman Greg Penner and his wife Carrie Walton Penner, who is Rob's daughter, are also included in the buyer's list.
  • The agreement is subject to approval from the NFL's finance committee and league ownership.
  • Price Action: WMT shares closed lower by 1.29% at $123.26 on Tuesday.
  • Photo Via Flickr
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Netflix sets release schedule for Squid Game, Cobra Kai and more – but The Witcher has been cancelled
Netflix has announced the streaming dates for two of its tentpole shows, but The Witcher won't continue after its fifth and now final season.
TechRadar
TechRadar
Michael Douglas and Catherine Zeta-Jones' simple kitchen cabinet color is a masterclass in balance and contrast
A classic cabinet color shines in the actors' kitchen. The actors space proves why this traditional look is always in style
Homes & Gardens
Homes & Gardens
“The Dive Has Me Crying”: Fans Troll Kim Kardashian Over Photo Of Her Diving In Shallow Water
Kim Kardashian posted a series of snaps from her beach vacation in Turks and Caicos that had people warning her about a potential spinal injury. The post “The Dive Has Me Crying”: Fans Troll Kim Kardashian Over Photo Of Her Diving In Shallow Water first appeared on Bored Panda.
Bored Panda
Bored Panda
The US scientists bringing back the Woolly Mammoth - Tech & Science Daily podcast
Colossal Biosciences explain the complex science behind ‘de-extinction’ and reveal their target date for the first woolly mammoth calf.
Evening Standard
Evening Standard
Tequilas and mezcals you will want to savour, not slam
They’re both made of agave, but is that where the similarity ends?
The Guardian - UK
The Guardian - UK
"The bear probably had a pretty traumatic experience" – disturbing video shows people hauling cub out of tree for selfies
One of the cubs is recovering in rehab and is expected to be released into the wild
Advnture
Advnture
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play