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ALAN COHEN AND HARVEY WALKEN EMERGE AS PART OF JAYS GROUP
Published October 24, 1997
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).