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GLAZER'S ATTEMPTS TO DIVEST FROM COMPANY FAILS
Published February 14, 1995
New Buccaneers Owner Malcolm Glazer's deal to sell his 31% share in Envirodyne Industries, a "troubled" IL company, fell through after Glazer thought he had struck an agreement. Glazer and his family dismiss the idea that the stock sale and the purchase of the Bucs are related, as there was speculation that Glazer was trying to gain equity for the franchise. Glazer said that the "failure of the stock deal would not affect the [Bucs] deal, and repeated his statement when asked if the stock deal was an attempt to raise cash" (Rex Henderson, TAMPA TRIBUNE, 2/14).
