Mariner Buys Back Baltimore Water Taxi from Kevin Plank
Baltimore Water Taxi owner Michael McDaniel, a 53-year-old mariner, has bought back the company from Under Armour founder and CEO Kevin Plank through his investment firm Sagamore Ventures. The sale price was not disclosed. McDaniel, who purchased the business in 2010, had previously signed a five-year agreement with Sagamore Ventures to operate the Water Taxi. … Read more