NEW: A federal bill would ban private equity firms from investing in youth sports, specifically targeting "vulture practices" like consolidation, bundling and stay-to-play. In announcing the bill Wednesday, lawmakers repeatedly called out Black Bear Sports Group. www.usatoday.com/story/news/p...
Bill would ban private equity 'vulture investors' from youth sports.
The bill, which would require private equity companies to divest from their youth-sports businesses, comes on the heels of a USA TODAY investigation.
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