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Posted on: June 5, 2018, 1:36 p.m.
NEW YORK (AP) — The 131-year-old Rawlings Sporting Goods Co. is being sold to a private equity fund for about $395 million. The iconic sports gear maker, which has outfitted children and pros alike, from Roberto Clemente and Mickey Mantle, to Bryce Harper, Kris Bryant and Giancarlo Stanton, is being acquired by a fund managed by Seidler Equity Partners. Major League Baseball, which relies on Rawlings for its official game ball, is a co-investor. Full investment news articleRelevent to this post: Seidler Equity Partners ,