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BUCS SALE MOVES SLOWLY -- NO WEEKEND PROGRESS MADE
Published December 12, 1994
Stephen Story, member of the Bucs trust in charge of selling the team, said yesterday "no formal offer has been made" for the team, but that he remains hopeful "talks will produce one as early as this week." Story: "We had the hopes that something would get done by the end of next week. I still think that is a good deadline. ... Everybody is kind of waltzing around the issue and nobody wants to be the first one at the dance" (Rick Stroud, TAMPA TRIBUNE, 12/12). Orioles Owner Peter Angelos met for two hours with the group over the weekend and reported "substantial progress" in his bid to buy the team. Angelos said the two sides "are in agreement on a number of points" (Jon Morgan, Baltimore SUN, 12/11). But Story had a different take on the meeting, saying "until it is in writing and there is a check, there is no offer. ... (Angelos) kinds of skirts the issue as far as numbers" (Rick Stroud, TAMPA TRIBUNE, 12/12). In a related development, real estate developer Norton Herrick dropped out of the running to buy the team, saying he will focus on his effort to bring baseball to the Orlando area (Jim Thomas, ST. LOUIS POST- DISPATCH, 12/12).