Taking Entries For '17 Sports Business Awards Bucks' Edens Buying Into E-Sports Justin Verlander Purchase $5.25 Beverly Hills Home Columnists Review NBA VR Experience Weekend Plans With NFL Giants VP Don Sperling Executive Transactions Names In The News Going Off The Grid Executive Transactions Names In The News
NAMES IN THE NEWS
Published September 26, 1995
IndyCar Team Owner ROGER PENSKE said Monday his company is buying 860 auto repair centers from Kmart Corp. for $112M. The stores will operate as Penske Auto Centers in their locations adjacent to Kmart stores (DETROIT NEWS, 9/26)....The October issue of CHICAGO profiles White Sox player LANCE JOHNSON and Lance Productions, his music production company. Johnson: "I can now relate to some of the problems that owners go through -- contracts, overhead, frustrated employees, not to mention prima donnas" (CHICAGO, 10/95 issue)....Devil Rays Owner VINCENT NAIMOLI and his auto supply company, Harvard Industries, are profiled in the current issue of FORBES (FORBES, 10/9 issue)....Dolphins Head Coach DON SHULA and Owner WAYNE HUIZENGA are identified in SOUTH FLORIDA magazine as a figures who has "defined the region -- and will continue to do so well into the next millennium" (SOUTH FLORIDA, 10/95 issue)....The BOSTON HERALD's "Inside Track" notes that PETER MCNEELEY's girlfriend "dumped him" because she found out he was going out with a stripper, who subsequently dumped McNeeley because "he was too dumb for her" (BOSTON HERALD, 9/25).... DENNIS RODMAN, from an interview with ESPN radio: "I am one of the top three draws in the NBA. If it's not Michael Jordan and it's not Shaquille O'Neal, it's me" (ESPN Radio, 9/25). Former Patriot JOHN HANNAH's investment consulting firm has been sued by the Chicago Housing Authority. The CHA cites the Hannah Group's failure to stop a former CHA official from diverting pension money to phony investments, and say that action "opened the door for others to loot" the CHA's pension fund (BOSTON GLOBE, 9/26). CORRECTION: Lawrence Taylor is not implicated in the filing of administrative proceedings by the SEC against the former president and two traders of a now-defunct brokerage firm that bought Taylor's company, All-Pro Products, in '93. The men are accused of manipulating the price of the company's stock. THE DAILY regrets the error.