Twitter in S&P 500; Rawlings goes private; UC Berkeley studies blockchain

Nice catch

The 131-year-old Rawlings Sporting Goods Co. is being sold to a private-equity fund for about $395 million. The sports gear maker, which has outfitted children and pros alike, from Roberto Clemente and Mickey Mantle to Bryce Harper, Kris Bryant and Giancarlo Stanton, is being acquired by a fund managed by Seidler Equity Partners. Major League Baseball, which relies on Rawlings for its official game ball, is a co-investor. Newell Brands, which owns Sharpie, Calphalon and Rubbermaid, said that it is selling the company to better focus on its core brands.