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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).