Dan Gilbert Part of Group Looking to Buy Sports Illustrated
September 19th, 2018, 1:43 PM
Quicken Loans founder Dan Gilbert, who owns the lion's share of real estate in downtown Detroit, is part of a group in final negotiations to buy Sports Illustrated, the New York Post reports.
Gilbert's group includes motivational speaker and author Tony Robbins.
Three other suitors, including Roger Penske's son, Jay Penske, talent agency William Morris Endeavor and The Hill owner Jimmy Finkelstein, are said to have dropped out of the running, sources tell the paper.
The Robbins-Gilbert team is led by Joshua Pollock with backing from Raine Capital and Abry Partners. The group is also looking to buy Fortune and Money. A spokeswoman for Robbins confirmed his ongoing interest.