Senator threatens to introduce legislation to disrupt dealMerger already facing two separate Senate investigations
Political opposition to the PGA Tour’s merger with the Saudi Arabia-funded LIV Tour is growing in the United States amid signs that powerful congressional interests in Washington are preparing to go into battle with the kingdom over the deal.
The proposed merger, which also involves the DP World Tour (formerly European Tour), is facing two separate Senate investigations both launched this week, and a new threat by the chair of the Senate finance committee, who said he would introduce legislation to revoke Saudi Arabia’s state-backed fund’s tax-exempt status.
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