Local businessman Middleman buys stake in Philadelphia Phillies

The Philadelphia Phillies celebrate their win against the Detroit Tigers at Citizens Bank Park (Photo by Mitchell Leff/Getty Images)
The Philadelphia Phillies celebrate their win against the Detroit Tigers at Citizens Bank Park (Photo by Mitchell Leff/Getty Images)

Stanley C. Middleman, the founder and chief executive of Freedom Mortgage Corporation, has acquired a minority stake in the Philadelphia Phillies Major League Baseball team.

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