SBD/25/Franchises

FATE OF JAYS, ARGOS TO COME IN SEPTEMBER

     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).
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