was approved Wednesday by Major League Baseball owners, clearing the way for the Angelos family to finalize the sale after over three decades running the team.
Approval of 75% of all owners was required, and MLB said the vote was unanimous. It came the day before the team is scheduled to open the season at home against the Los Angeles Angels. Rubenstein and his investor group were expected to close the purchase later Wednesday.is a great civic duty,” Rubenstein, a Carlyle Group Inc. co-founder, said in a statement.
“Capping our organizational turnaround with a championship in perhaps the toughest division in sports, while fulfilling my pledge that the O’s would forever play ball in Charm City, dovetails perfectly with the privilege to now pass stewardship ofare in great hands, and the club, as well as the city and state that it calls home, are well positioned for success into the future.”
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