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Article: USTA to invest in World Team Tennis
- Article from:
- AP Worldstream
- Article date:
- January 20, 2009
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The United States Tennis Association will become a minority owner in World Team Tennis in an effort to expand the USTA Junior Team Tennis program.
The USTA will own 25 percent of WTT, with co-founder Billie Jean King and commissioner Ilana Kloss remaining the majority owners, the groups announced Tuesday.
"We've been looking for an opportunity like this for a long time," King said, "and I can't think of a better partner than the USTA."
The partnership is aimed at attracting more ...