Koch family to buy 10% stake in New York Giants at record $10bn valuation

The Koch family has agreed to purchase a 10% stake in the New York Giants NFL franchise for over $1 billion. The deal values the team at a record-breaking $10 billion, the highest valuation ever for a sports team. This acquisition adds to the Kochs' growing portfolio of sports investments. The transaction is pending approval from the league's other team owners, which is expected to be presented at their October meeting.
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