The Deal
Saturday, November 21, 
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Entries tagged "Cubs"

Cuban has the last word on dropping out of Cubs auction

Dallas Mavericks owner Mark Cuban, who is known for his outspoken antics both at court side and in the media, finally spoke out on his last involvement in the Cubs auction via his Web site Blog Maverick....


Bankrupt Tropicana may wish it was in Tribune's position

Both Tribune Co. and Tropicana Entertainment LLC are in bankruptcy, but casino operator Tropicana likely wishes it was in the position the Chicago-based newspaper publisher and television broadcaster is.  ...


What role did Blagojevich play in Tribune's bankruptcy?

A day after Sam Zell's Tribune Co. filed for Chapter 11 bankruptcy protection, the Federal Bureau of Investigation arrested Illinois Governor Rod Blagojevich and Chief of Staff John Harris on charges of corruption, alleging that, among other transgressions, they meddled with Tribune's troubled businesses, including the auction of the Chicago Cubs....


Economy may give Cubs bidders indigestion

The Chicago Tribune reported on Tuesday that revised bids, including financing details for Major League Baseball's Chicago Cubs, are due before Thanksgiving. However, if the potential buyers are unable to secure financing in a period where bankers have been very picky about lending, the once highly anticipated auction will turn into anything but a holiday feast....


Cuban still wants the Cubs

Despite the reports and controversy, Dallas Mavericks owner Mark Cuban still wants the Chicago Cubs. And why shouldn't he if he has the pockets for it? Cuban was the leading bidder in the auction up until last Friday with a $1.3 billion bid. ...


Mark Cuban fits baseball's mold

With the leading $1.3 billion bid in the Tribune Co.'s auction of the Chicago Cubs, Mark Cuban, the owner of the NBA's Dallas Mavericks, could become the newest member of an elite fraternity, Major League Baseball's owners group. And although some of the recent members may be unaccustomed to Cuban's antics that have generated controversy and fines, he'd certainly fit the mold of MLB owners of the past. ...


The Cub's bidders are in

The bidders for the Chicago Cubs are in, and as expected it reads like a who's who in dealmaking. ...


Cubs books to go out next week

Tribune Co. chairman and CEO Samuel Zell said Thursday that the offering memorandum for the Chicago Cubs should go out to potential buyers next week and elicit preliminary bids for the National League team 30 days after that. ...



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Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.


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Easing the stress of distressed M&A

Corporate buyers face numerous complexities when trying to identify the right moment to purchase a distressed asset.


Editor's Note

Editor's letter: Nov. 16, 2009

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.



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