Palace Sports & Entertainment, Inc.

Palace Sports & Entertainment, Inc.

A veritable sports and entertainment empire is run out of this Palace. Palace Sports & Entertainment is a holding company controlled by Karen Davidson, widow of the late billionaire William Davidson, through which the family owns The Palace of Auburn Hills. The sports and entertainment arena serves as home of the Detroit Pistons professional basketball team (which is also controlled by Davidson), and it hosts a number of music and entertainment events throughout the year. Other holdings include Michigan's DTE Energy Music Theatre and the Meadow Brook Music Festival.

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