![]() ![]() He referred instead to being "partners" even though the press release quoted him as saying the partnership "combines" those businesses and assets. PGA Tour commissioner Jay Monahan also never used the words "merge," "merger" or "combine" in a news conference about the deal Tuesday. also posted a "public service announcement" on Twitter Wednesday that said, "The PGA Tour and DP World Tour did not merge with LIV Golf. They partnered up with the PIF." He said the Tour "still controls how and where the money goes." "This is NOT a 'merger,' " Tour golfer Michael Kim said on Twitter. That still doesn’t make it a merger to some who echo the Tour’s company line. "The new entity (name TBD) will implement a plan to grow these combined commercial businesses," the release stated. Meanwhile, the same PGA Tour press release (now without the word "merge") still says these businesses are being "combined" into one. A merger is "any of various methods of combining two or more organizations," according to Merriam-Webster’s dictionary. The simple dictionary definition of "merge" is to combine into one. So isn’t that still a merger? And what does it matter anyway? The same press release still says the agreement "combines" those businesses and rights into a "new collectively owned, for-profit entity." She said this entity will include the Tour’s commercial assets, the European DP World Tour, LIV Golf and other golf-related commercial businesses of the Saudi Arabian Public Investment Fund (PIF). We have created a separate, commercial entity – underneath that structure." remains intact as it was prior, as a 501c6 (tax-exempt organization). ![]() "I know it’s been called a merger as shorthand, but that is not accurate," PGA Tour spokeswoman Laura Neal said in an email Thursday to USA TODAY Sports. That description and other details in the release led news outlets around the world to call it a "merger." But by the end of the day Tuesday, that headline and that word – "merge" – were removed from that press release on the PGA Tour website.Īnd now the PGA Tour is saying its deal with LIV Golf and the DP World Tour is not a "merger." The unmarked document concerned “military contingency planning,” according to the indictment.The PGA Tour announced its shocking new deal with LIV Golf Tuesday by issuing a press release under a bold headline that said it would "merge commercial operations under common ownership." In Trump’s case, prosecutors say that all but one of the 31 documents he is charged with illegally retaining were marked as classified at the “secret” or “top secret” level. Such information is defined as “any document, writing, code book, signal book, sketch, photograph, photographic negative, blueprint, plan, map, model, instrument, appliance, or note relating to the national defense, or information relating to the national defense which information the possessor has reason to believe could be used to the injury of the United States or to the advantage of any foreign nation.” Technically, that information does not have to be classified, but in practice the law is almost exclusively used to prosecute retention of classified material. Espionage Act/unauthorized retention of national defense information: Trump is charged with 31 counts of violating a part of the Espionage Act that bars willful retention of national defense information by someone not authorized to have it.
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