American former NFL quarterback, Giants legend, businessman and investor
A bipartisan House hearing examines private equity's role in the growing U.S. youth-sports market, warning that consolidation could raise costs for families. Lawmakers urge transparency and antitrust enforcement, while some witnesses argue capital can expand access when aligned with the mission of youth sports.
Public market debut of Jersey Mike’s raises about $1 billion at a $7.3 billion valuation. Blackstone introduces broad employee ownership for corporate staff, while franchisees and store workers remain ineligible. Reformation mirrors a cautious IPO environment with steady demand but muted first-day gains. The wave of private equity-backed listings shows resilience amid volatile markets.