PBR COO Sean Gleason Promoted To CEO Red Sox' Lucchino Addresses Role With Organization Executive Transactions Names In The News Rays Senior VP Mark Fernandez Resigns Warriors' Guber Dishes On Ownership, Media Weekend Plans With FS1's Rob Stone SBD Readers Heading To Dead Shows Shigeki Maruyama Sells Bel-Air Mansion Executive Transactions
SPORTS POWER PLAYERS IN THE NEWS
Published August 6, 1997
PAUL ALLEN is selling 5.45 million shares of Microsoft stock, according to an SEC filing. At yesterday's closing price of $143.31 a share, the sale would be worth around $781M. A spokesperson for Allen said that he would be left with about 92.6 million shares of Microsoft stock (SEATTLE POST-INTELLIGENCER, 8/6)....SIMON DEBARTOLO GROUP, which owns 131 retail properties, has signed a promo deal with Visa USA, giving incentives to customers using Visa cards at DeBartolo properties (AD AGE, 8/6)....Suns co-Owner RICHARD BLOCH and ROGER STAUBACH have sold an apartment-backed real estate investment trust, called Columbus Realty Trust, to Atlanta's Post Properties for $600M (N.Y. POST, 8/6).