Big Law

Justice Department Launches Investigation Into Merger Between PGA, LIV Golf

The Department of Justice (DOJ) has launched an investigation into the merger between the PGA Tour and the Saudi-backed LIV Golf.

The Wall Street Journal reported on Thursday that the department notified the leagues about the probe. This marks the second investigation the DOJ has launched into the PGA Tour, after the department conducted an investigation last year into the golfing league over allegations of possible anticompetitive behavior.

DOJ’s latest investigation comes at a time when there’s uncertainty if the planned merger between the two entities will go through. A senior PGA Tour executive told employees that the outcome of the announced merger won’t be known for at least a year, according to the Journal.

Read the source article at thehill.com

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