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Published July 19, 1995
Astros Owner Drayton McLane Jr. said Tuesday he has reconsidered and has decided not to sell a minority interest in the Astros, according to the HOUSTON CHRONICLE. McLane: "Our decision is not to sell any equity interest at this time. We thought that was important with the uncertainty in major-league baseball right now." McLane had been negotiating with Ben and Jeff Love and Bob Ornstead, who were part of a group trying to buy the Astros from McLane three years ago. McLane has not ruled out the possibility of having limited investors in the future (Terry Blount, HOUSTON CHRONICLE, 7/19).