Eric Stillman Offers To Buy Recanati Family's Majority Stake In Maccabi Tel Aviv Basketball Club
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
First reported by Globes · 1 hour ago
What happened
Eric Stillman has offered to buy the Recanati family's 58 percent stake in Maccabi Tel Aviv basketball club for $100 million, matching the previous deal's valuation. The Recanati family is also negotiating to sell half their stake to Jason Levine for $50 million. Stillman expressed his commitment to the club and proposed a 30-day due diligence process aiming to complete the deal within 90 days.
- 01Eric Stillman offered $100 million to buy Recanati family's 58% stake in Maccabi Tel Aviv basketball.
- 02Recanati family is negotiating to sell 50% of their stake to Jason Levine for $50 million.
- 03Stillman emphasized his long-term commitment as a fan, sponsor, and manager of the club.
- 04Offer price per share matches the valuation from Recanati's previous purchase from Federman family.
- 05Stillman requested a 30-day due diligence and aims to close the deal within 90 days.
- 06He urged a quick response from the Recanati family to proceed with the transaction.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
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