Per CNBC

PGA Tour is merging with LIV Golf in a deal including the DP World Tour (European PGA Tour). This comes despite the lawsuits between the two and how LIV was backed by the Saudi Arabia Public Investment Fund (PIF).

The deal between the two comes despite LIV Golf being the subject of antitrust lawsuits with the PGA Tour, and with the new deal, all pending litigations would come to an end.

The agreement would combine the two's commercial businesses and the rights of a new company which would be categorized as a for-profit business.

Recently, Brooks Koepka, a LIV golfer, won the PGA Championships. PGA TOUR Commissioner Jay Monahan gave a statement regarding the merging of the two competitors.

Monahan: “This transformational partnership recognizes the immeasurable strength of the PGA TOUR’s history, legacy and pro-competitive model and combines with it the DP World Tour and LIV – including the team golf concept – to create an organization that will benefit golf’s players, commercial and charitable partners and fans."

Previously, former US President Donald Trump used his golf courses to host multiple LIV Golf events. In 2022, the former President said it was "inevitable" that the two companies would merge.

In other news, Donald Trump was found liable for sexual assault but not rape. The jury awarded Jean Carroll $5 million in damages for her battery and defamation claims.

Carroll reportedly received $2 million for the battery claim and under $3 million for the defamation claims.

In January, the former US President commented on how Joe Biden was sending tanks to Ukraine to aid their fight against the Russians. During this time, Trump said that Nukes would come next.

This came during the time that Trump announced that he would be once again running for the President of the United States in 2024. this came as the former president already filed with the FEC to set up a campaign fundraising account.

See flow at unusualwhales.com/flow.

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CNBC