(Bloomberg) -- Miami Dolphins owner Stephen Ross is in advanced talks with private equity firm Ares Management and billionaire Joe Tsai to sell stakes in the NFL team and other assets at a valuation of $8.1 billion, according to people familiar with the transaction.Most Read from BloombergSingapore Ends 181 Years of Horse Racing to Make Way for HomesWhat Do US Vehicle Regulators Have Against Tiny Cars?For a Master of Brutalist Provocations, a Modest Museum AppraisalMexico City Restricts Airbnb R
AMP vs. ARES: Which Stock Is the Better Value Option?
Second Avenue Capital Partners ("SACP"), a Schottenstein affiliate, is pleased to announce the closing of a $175,000,000 Senior Secured Revolving Line of Credit for Gabe's, a leading off-price retailer operating in the mid-Atlantic and Southeast US. The new credit facility, which was provided by SACP and Ares Management Credit funds ("Ares"), will be used to support Gabe's ongoing growth initiatives, enhance operational flexibility, and strengthen the company's capital structure.