French Club Bordeaux Sold to U.S. Hedge Fund

(Reuters) French club Girondins de Bordeaux have been sold by the media company M6 Metropole Television (MMTP.PA) to Los Angeles-based hedge fund General American Capital Partners (GACP), the French firm said on Tuesday. “M6 Group has today finalised the sale of the Football Club Girondins de Bordeaux to the U.S. investment fund General American Capital Partners (GACP) for 100 million euros ($114 million),” M6 said in a statement announcing their results for the first nine months of 2018.

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