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Now that Michael Jordan’s $275 million bid to buy the Charlotte Bobcats from billionaire Robert L. Johnson has been approved by the National Basketball Association’s Board of Governor’s, the former basketball great’s MJ Basketball Holdings LLC has a controlling interest in the team, the Time Warner Cable Arena, and gives him the option to change the team’s name.
La-Van Hawkins, a black entrepreneur in the food industry, just died at the age of 61. The serial entrepreneur found success in the food industry.
AL JOHNSON AL JOHNSON CADILLAC INC. EST. 1971 As the first African American to be awarded Oldsmobile and Cadillac franchises from General Motors, the late Johnson was considered one of...
Billionaire and NBA legend Michael Jordan is finalizing a deal to sell his majority stake in the Charlotte Hornets after 13 years.
In one of the largest mobile gaming mergers ever, Activision bought King Digital Entertainment–the company that makes “Candy Crush Saga,”–for $5.9 billion. Reuters reports that it’s one of the largest...
