Kroenke Sports & Entertainment is acquiring the Angels, as #Rams owner Stan Kroenke adds to his sports portfolio. ht Via @RapSheet on X

What happened: Kroenke Sports & Entertainment is acquiring the Los Angeles Angels, expanding Stan Kroenke's sports portfolio.

Why it matters: The transaction puts the Angels and Rams under the same ownership umbrella.

What to watch: Attention turns to the terms and timing of the ownership transition.

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