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Astros Expected To Announce Sale Of Franchise To Jim Crane

A source said that the Astros today are expected to announce the transfer of ownership from Drayton McLane to a group led by Houston businessman Jim Crane, "pending approval" from MLB. The process is "not officially over" until the league approves the $680M transaction, "which if done would be done later this summer." McLane yesterday said that a "deal was not yet signed" (CHRON.com, 5/15).

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