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SBD/December 19, 2013/Franchises
Wisconsin Gov. Voices Support for Kohl, But Says New Bucks Arena Not An Easy Sell
Published December 19, 2013
GET THE BALL ROLLING: In Milwaukee, Don Walker noted Kohl by retaining Allen & Co. has ensured the process of adding investors for the Bucks "will be in secret and few, if any, leaks will occur until Kohl is ready to announce his new ownership team." Kohl's announcement on Monday that a "new arena is not just about the Bucks," was "his way of telling the local business community and potential local investors that it's time to start talking." The Cultural & Entertainment Capital Needs Task Force, which "met for the first time Friday, will spend the next year studying the various capital needs of the region's institutions, including" BMO Harris Bradley Center. At the same time, a "smaller group of Metropolitan Milwaukee Association of Commerce members is meeting and gathering information on what to do with the aging arena." MMAC President Timothy Sheehy on Monday said that he believes "with Kohl's announcement, local investors will spring forth" (JSONLINE.com, 12/17).