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Bucks' New Owners Committ To Adding Local Investors To Group

04 / 18 / 14

Speculation about investors "with Wisconsin ties" buying into the Bucks "may still come true despite Herb Kohl’s plan to sell the team " for $550M to N.Y.-based Fortress Investment Group co-Founder Wesley Edens and Avenue Capital Group Chair & CEO Marc Lasry, according to Rich Kirchen of ...

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Tags: Milwaukee Bucks, Franchises

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01/13/95
MOORES & LUCCHINO HOLD COMING OUT PARTY FOR NEW LOOK PADRES

New Padres Owner John Moores and CEO Larry Lucchino held a news conference to speak on the state of the franchise. Their $80M purchase of the team was approved on December 22, and they discussed what

Tags: Franchises, San Diego Padres

01/13/95
WARM UP THE MOVING VANS; RAMS READY TO TAKE 1-70 EAST

"Barring the unexpected, FANS Inc. plans a 2pm CST news conference Tuesday in St. Louis to announce" that the Rams intend to move. However, there is "one hitch." According to the ST. LOUIS POST-DISPAT

Tags: Franchises, NFL, St. Louis Rams

01/12/95
ITT READY TO CONVERT BONDS OF FINANCE UNIT

ITT Corp., owner of Madison Square Garden, continued its "ambitious restructuring" as the company began its drive to convert $3.4B in bonds of ITT Financial Corp, into corporate bonds. ITT is in the "

Tags: Cablevision, Franchises, Madison Square Garden

01/12/95
NEGOTIATIONS WITH SCHULMAN GROUP CONTINUE IN BUCS SALE

Steve Story, spokesperson for the three-man trust in charge of selling the team, said he is "optimistic" that the Bucs will not move, and that the trust is "trying to structure the transaction" to kee

Tags: Franchises, New York Yankees, Tampa Bay Buccaneers, YankeeNets

01/11/95
ST. LOUIS RAMS? ANNOUNCEMENT COULD COME NEXT WEEK

The Rams'' move to St. Louis is close to complete, as "details and paperwork" appear the only obstacles keeping the team from making an announcement. Rams President John Shaw: "I think we are close to

Tags: Franchises, NFL, St. Louis Rams

01/11/95
THE BUCS SALE: ... AND THEN THERE WERE THREE

Steve Story, spokesperson for the three-man trust in charge of selling the Buccaneers, said yesterday the trust is in "active negotiations" with three prospective buyers --Orioles Owner Peter Angelos,

Tags: Baltimore Orioles, Franchises, NFL, Tampa Bay Buccaneers

01/11/95
STARS TO TAKE PART IN NHL LOAN PROGRAM

Stars President Jim Lites said that the Stars plan to "take advantage" of a loan program from the NHL. Lites: "We''re looking at restructuring our ownership and we''re taking some steps to overcome ou

Tags: Dallas Stars, Franchises, NHL, Southwest Sports Group

01/10/95
MONEY WOES FOR CFL'S ROUGH RIDERS CONTINUE

One of the Ottawa Rough Riders'' three largest sponsors, Corel Corp., has denied a request by the team to buy the team or increase its investment. The refusal comes five months after Corel agreed to a

Tags: Franchises

01/10/95
BUCS TRUST SAYS NO THANKS TO SHANNON/OUTBACK OFFER

The trust in charge of selling the Buccaneers rejected a $163.3M offer from Tampa developer Tommy Shannon and Outback Steakhouse Execs Bob Basham and Chris Sullivan. Steve Story, spokesperson for the

Tags: Baltimore Orioles, Franchises, New York Yankees, NFL, Tampa Bay Buccaneers, YankeeNets

01/10/95
ST. LOUIS RADIO REPORT SAYS RAMS ANNOUNCEMENT IMMINENT

ESPN''s Keith Olbermann reported that KMOX Radio in St. Louis is reporting that the Rams will announce the move to St. Louis officially this Sunday. KMOX reports Steve Ortmayer will take over as Rams

Tags: Dallas Cowboys, ESPN, Franchises, St. Louis Rams, Walt Disney

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