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Tribune To Choose New Cubs Owner Soon?
The Cubs' ownership situation may be resolved soon, according to Ameet Sachdev of the Chicago Tribune. Sachdev says the Tribune Co. is close to choosing one of the three finalists. But the decision is no lock to happen quickly, and even then negotiations for the sale would still have to take place. Other complications exist as well. Sachdev fills us in on the finalists:
Three prospective buyers made offers for the franchise at the end of November: Chicago real estate investor Hersch Klaff; the Ricketts family, founders of online brokerage TD Ameritrade Holding Corp.; and a group led by Marc Utay, a New York private-equity investor who grew up in Chicago.
Mark Cuban is not among the finalists, but here is his take on the whole situation.
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