May. 14 at 2:45 PM
$BATRK $BATRA Braves don't have time to wait until 2027 to go private. They need to start this summer:
First, if CBA negotiation and lockout halts play in early 2027, MLB Commissioner will be busy with that and won't have time to deal with Braves issues.
Second, Mario Gabelli's GAMCO Investors is known for being an active, often litigious, shareholder in take-private transactions. They have historically sued to force higher valuations. While they rarely succeed in completely stopping a merger, they often force a higher buyout price, and their ability to delay via discovery can cause significant scheduling setbacks ... and in Nevada, possibly years!
