WSJ News Exclusive | 5-Hour Energy Founder to Buy Majority Stake in Sports Illustrated Publisher

Manoj Bhargava’s Simplify Inventions will take a roughly 65% stake in the Arena GroupManoj Bhargava has built a network of local TV stations, including 50 owned stations and a number of affiliates.

, a businessman who founded the caffeine beverage brand 5-Hour Energy and owns TV news stations, has agreed to acquire a majority stake in the publisher of Sports Illustrated.Continue reading your article with

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