Entries tagged "Miami Dolphins"

Ross' Dolphins looks to bolster owners' roster

Miami Dolphins owner Stephen Ross is not content with having Emilio and Gloria Estefan, Marc Anthony and Jennifer Lopez, as well as Jimmy Buffett as ownership partners. He says he will add three more limited partnerships by Tuesday.

Hollywood's new triple threat

These days wealthy entertainers such as Marc Anthony have become triple threats of a different sort by focusing on acting, singing and buying professional sports franchises.

Estefans score piece of Miami Dolphins

Although Stephen Ross has only owned the Miami Dolphins for six months, he has brought in business partners by selling a minority stake in the NFL franchise to Emilio and Gloria Estefan.

Huzienga finalizes sale of Dolphins, but tax implication unclear

Miami Dolphins owner Wayne Huzienga feared President Barack Obama's potential tax rush so much so that he moved forward in 2008 to find a deal to sell 95% of his National Football League franchise for $1 billion, and it seems he beat his self-imposed deadline. ...

Miami Dolphins owner rushes to sell stake to avoid Obama tax hit

Miami Dolphins owner Wayne Huizenga is looking to run a hurry-up offense and unload a 45% share of his NFL franchise before 2008. Huizenga is eager to finish a deal as quickly as possible to sell 45% or more of his stake in the Dolphins to co-owner Stephen Ross because he anticipates a Barack Obama win in the presidential election could result in a doubling of his capital gains tax bill, according to the Sun-Sentinel. ...

Stephen Ross scores with buy of Dolphins stake

New York real estate magnet Stephen Ross made a $550 million offer for a 50% stake in the Miami Dolphins from owner Wayne Huzienga, according to The Miami Herald. Ross may not know as much about football as Bill Parcells, another recent addition to the Dolphin's organization, but he likely pulled the trigger on the bid because the deal included what he knows best -- real estate, in the form of Dolphin Stadium and surrounding developable land. ...

Boscov’s picks up Federated castoffs

While the retail industry is abuzz about Talbots Inc.'s $517 million purchase of J. Jill Group Inc., another retail deal fell through the cracks. Reading, Pa.-based family-owned department store chain Boscov’s Inc. agreed Monday to buy 10 stores from Cincinnati-based Federated Department Stores Inc. for an undisclosed sum. The stores earmarked to be sold include two Kaufmann’s in Pennsylvania, three Macy’s stores in Maryland, and five Strawbridge’s located in New Jersey and Pennsylvania. Federated, the parent of Macy’s and Bloomingdale’s, is divesting stores following last year’s purchase of rival May Department Stores Co. The retailer recently put May's Lord &...

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