Forstmann Little & Co. is working with Morgan Stanley and Evercore Partners Inc. to find a buyer for IMG Worldwide Inc., the talent agency that represents sports stars such as Peyton and Eli Manning, said people with knowledge of the matter.
Justin Rose takes a two-shot lead into the second round of the Arnold Palmer Invitational, where Tiger Woods trails by four shots as he attempts to return to the top of the world rankings with an eighth win at the event.
Tiger Woods trails co-leaders Bill Haas and Justin Rose by four shots heading into the third round of the Arnold Palmer Invitational, where he is seeking his eighth win at the event and a return to golf’s No. 1 ranking.
Sports agency IMG Worldwide Inc. will take over management of the U.S. PGA Tour’s Honda Classic as part of an acquisition of IGP Sports & Entertainment Group and will open a new golf office in North Palm Beach, Florida, the companies said.