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FATE OF JAYS, ARGOS TO COME IN SEPTEMBER
Published July 25, 1995
Interbrew S.A., which recently purchased John Labatt, Ltd., said yesterday they would determine the future of Labatt's sports properties -- namely the Blue Jays and Argonauts -- in September after meeting with Labatt officials, writes Gary Picknell in this morning's TORONTO SUN. Gerard Fauchey, Dir of External Relations for Interbrew, said that "it's possible that the Jays could be purchased by a Labatt-led management group ... but he hasn't been told of any interest." A source told the SUN that Interbrew intends to sell off the properties, but will keep sponsorship rights. Interbrew had put the teams up for sale for a combined price of C$190, but took them off the market at least until September (TORONTO SUN, 7/25).