ATLANTA — The Atlanta Braves and several other Major League Baseball franchises are in the process of selling their minor league affiliates to a holding company which will operate them for the teams.
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Pending agreement on closing conditions, Diamond Baseball Holdings (DBH), a subsidiary of Endeavor has purchase agreements in place with nine teams, including the Chicago Cubs, St. Louis Cardinals, New York Yankees, San Francisco Giants and the Braves. The company says they are negotiating for more teams.