Posted: 10/12/2009 9:02:12 AM EDT
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Just heard it on the news.
I wonder if they will re-imerge to lose another 100 seasons ?
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Quoted:
Doesnt the Chicago Tribune own the Cubs? Yes. The bankruptcy is part of the sale of the Cubs to the founder of TD Ameritrade. A bankruptcy will free the cubs of any liabilities to Tribune creditors, which should speed the sale of the team. The selling price is allegedly north of $650 million. Not a bad return on the Tribunes original $20 million investment in the team. |
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Just bidnuss-http://www.reuters.com/article/mergersNews/idUSN1213753420091012
Damn beat by the fat kid again. |