Toronto lawyer Lawrence Dale, who has put together a
group trying to buy the Blue Jays, "confirmed yesterday that
two principals" in his potential ownership group are Harvey
Walken and Alan Cohen, according to James Christie of the
Toronto GLOBE & MAIL. Walken was a partner in the Pirates
for 10 years, while Cohen is a former partner in the Celtics
and served as Chair of the NBA Board of Governors. A source
told Christie's that if the group "obtains the portion of
the Jays and the SkyDome that has historically belonged" to
Labatt Brewing, Dale will "also go after" the 10% owned by
the Canadian Imperial Bank of Commerce (GLOBE & MAIL,
10/24). Dale's group has "at least six investors, but that
number could increase," according to Elliott & Rutsey of the
TORONTO SUN. On Wednesday, the group met with Penfund, a
pension fund group that controls 35% of SkyDome, "about a
partnership." Penfund has the right of first refusal in
acquiring Interbrew's 49% interest in the SkyDome and "is
interested in exercising that option" (TORONTO SUN, 10/24).
