Sale Says White Sox Put Business Ahead Of Winning Under Armour Grabs New Manhattan Space U.S. Cellular Field To Host Rare Music Festival MasterCard Draws Social Exposure During MLB ASG Indians' Attendance On The Upswing Twitter To Stream Live MLB, NHL Games White Sox Suspend, Fine Sale Over Uniform Debacle Large Crowd Expected In Cooperstown Rob Manfred Opines On MLB Issues Cubs Reveal Plans For New Wrigley Suite Areas
AGENCY CONSOLIDATION: STEINBERG, HENDRICKS CLOSE TO DEALS?
Published May 10, 1999
Winnipeg-based investment advisory firm Assante Corp. "is close to a deal to buy" sports law firm Steinberg & Moorad, according to sources of the SPORTSBUSINESS JOURNAL's Josh Gotthelf. Partner Jeff Moorad "wouldn't confirm talks with any company," but said, "We're no closer to making a decision than we were when we began." In a separate piece, Gotthelf also reports that sources said SFX Entertainment "is negotiating to buy" Randy and Alan Hendricks' Hendricks Sports Management, a firm which represents more than 150 MLB clients (SPORTSBUSINESS JOURNAL, 5/10 issue). In Boston, Peter Gammons wrote that "the Brothers Hendricks are reportedly close to cashing out ... and selling their vast agency empire to SFX" (BOSTON GLOBE, 5/9).