The High-Profile Advisers Behind LIV Golf and the PGA Tour's Surprise Merger.

Allen, known for bringing together billionaires at its conference every summer in Sun Valley, Idaho, had reportedly advised the PGA during earlier discussions with another golf tournament, the Premier Golf League. (Bloomberg) -- The surprise merger between LIV Golf and the PGA Tour involved a collection of high profile advisers with links to Saudi Arabia and the PGA Tour. Saudi-backed LIV Golf and the PGA announced Tuesday that they would drop legal proceedings against each other and combine forces, along with the European Tour. [Extracted from the article]