SBD/Issue 62/Franchises

McLane Not Short On Astros Suitors; Stan Kasten Interested?

Stan Kasten Has Talked With Astros Owner
About Possible Interest In Owning Team

Astros Owner Drayton McLane estimated that he "has had 20-25 conversations either personally or through his hired investment bank with people expressing some interest in being part of a group to purchase the Astros," according to Zachary Levine of the HOUSTON CHRONICLE. McLane acknowledged that "one of those was with" former Nationals President Stan Kasten. But he added that talks with all parties "were preliminary," and that he "hasn't shared financial information with any interested party." McLane: "There is no activity right now. It's just conversation." Levine notes "many of the talks have been through" Allen & Co. Managing Dir Steve Greenberg (HOUSTON CHRONICLE, 12/9). Kasten: "I don't discuss anything that I'm working on. I've been active since the end of the season all over the country talking to a lot of people." McLane: "Stan Kasten is a good, good human being and he's casting around. He said he wanted to talk about this and I told him to call Steve" (MYFOXHOUSTON.com, 12/8). McLane added, "Stan and I have talked and he has said someday he'd like to get back into baseball, but as far as him putting a group together, there's no substance to it" (MLB.com, 12/8).

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