The University System of Maryland Board of Regents held a special, closed-door meeting Friday afternoon to review “an athletics-related contract under consideration,” an apparent reference to a $2 billion offer to buy a stake in the Big Ten athletic conference .

The board immediately went into a closed session to discuss “confidential commercial and financial information” with its attorneys, according to the board agenda. It met for about an hour before leaving without taking any public action.

The 4 p.m. meeting was called on short notice.

“The board has been informed that the Big Ten Conference member institutions, which include the University of Maryland, will be voting in the next few days on a proposal that may have board implications,” Board Chair Linda Gooden said a few minutes

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