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In Other News....Published in SportsBusiness Daily on 09 / 15 / 14
A source said that A-B InBev is "talking to banks about financing" a potential $122B deal to buy rival SABMiller. The source said that A-B InBev "isn't in active discussions" with SABMiller, but rather is "waiting to line up its financing before making a formal approach." This comes "on the heels of...
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 "
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
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
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,
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
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
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
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
Orioles Owner Peter Angelos made his long-awaited offer to buy the Buccaneers and move them to Baltimore by reportedly offering over $200M last night to the trust in charge of selling the team. The of
Former Oakland Raider Ken Stabler will team with singer Jimmy Buffett and move the CFL Las Vegas Posse to Birmingham, AL, for ''95, according to the Baltimore CFL''s owner Jim Speros. Speros says he i