Investing.com -- A consortium including Bill Chisholm, co-founder of STG Partners, is in the lead to purchase the Boston Celtics, the renowned National Basketball Association team, according to Bloomberg News, citing individuals well-informed about the situation. The potential transaction could value the Celtics over $6 billion, but a final agreement is yet to be reached and there’s a possibility that the discussions might conclude without a deal.
Bill Chisholm is recognized for his significant contributions to STG Partners, where he serves as the managing partner and chief investment officer. STG Partners is especially known for its investments in software and other technology businesses.
Earlier this month, on March 12, it was reported by Bloomberg that the Boston Celtics had received a bid from a consortium that included Chisholm. This consortium is working with Goldman Sachs Group Inc (NYSE:GS) in its efforts to acquire the Celtics, as revealed by one of the unnamed sources.
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