Golden Boy Promotions CEO Oscar De La Hoya bought back a majority of his company from two of the biggest investors AEG and Gabriel Brenner according to Dan Rafael of espn.com
“We have enjoyed a long and mutually beneficial partnership with Golden Boy Promotions. Earlier this quarter, Golden Boy Promotions re-purchased AEG’s equity interest in the company that was originally acquired in May of 2008,” Dan Beckerman, president and CEO of AEG, told ESPN.com. “We wish Oscar De La Hoya all the best and we look forward to continuing to host Golden Boy Promotions events in our venues in the years to come.”
“With Oscar back at the helm we no longer have to contend with petty, ego-driven feuds that have costs fans the best fights for years, fans who couldn’t care less about the financial composition of the company,” Friedman said. “Simply put Golden Boy Promotions is firmly established as the No. 1 promoter in all of boxing and is stronger than ever.”
