Players around the league have called for Loeffler to sell her 49% stake in the Dream after she wrote a letter to WNBA Commissioner Cathy Engelbert over the summer objecting to the league’s initiatives to advocate for racial justice and the Black Lives Matter movement.
Atlanta Magazine
Market Movers
Maybe you’ve been to a fundraiser at their house, one of the poshest in Buckhead. Maybe you’ve seen her cheering for the Atlanta Dream, the Women’s NBA team she co-owns. Or maybe you’ve seen him in the news. After all, his company just bought the New York Stock Exchange.
“It sounds preposterous,” the
New York Times declared. “A businessman from Atlanta blows into New York and walks off with the colonnaded high temple of American capitalism. No more will New York be the master of the New York Stock Exchange.” And yet if regulators approve the $8.6 billion purchase of NYSE Euronext, then Jeff Sprecher, the founder and CEO of Atlanta’s IntercontinentalExchange, and Kelly Loeffler, his wife and ICE’s vice president of investor relations and corporate communications, will indeed have shifted the inner sanctum of the 221-year-old free market temple to a blocky glass building in an office park along the Chattahoochee.