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Dodgers' Owner Agrees to Sale of Team
Frank McCourt, the embattled owner of the Los Angeles Dodgers, and Major League Baseball agreed late Tuesday on a plan to sell the iconic team, which filed for bankruptcy last June after Commissioner Bud Selig rejected its plan to
Updated: 11/02/2011 01:09A
Dodgers, MLB agree to process to sell team
The Dodgers filed for Chapter 11 bankruptcy protection in June, after McCourt claimed that Commissioner Bud Selig's rejection of a media rights deal left him without the funds to meet the team's payroll. McCourt and Selig had been scheduled to testify
Updated: 11/02/2011 01:04A
United States
Pfizer Inc., the world's largest drugmaker, reported third-quarter profit that topped analyst estimates on increased sales of its pain drug and vaccine for pneumonia. The company raised its annual forecast. Profit excluding certain items was 62 cents a
Updated: 11/02/2011 01:01A
Our long civic nightmare may be over
McCourt and Major League Baseball would together seek the bankruptcy court's OK for a sale. "The sale is expected to include the team, Dodger Stadium and the surrounding parking lots, a package bought by McCourt for $421 million in 2004 and likely to
Updated: 11/02/2011 12:58A
McCourt Reaches Deal to Sell the Dodgers
The Dodgers filed for Chapter 11 bankruptcy protection in June. A four-day bankruptcy trial was scheduled to start Monday, but Judge Kevin Gross last week postponed the proceedings. Some suggested the move was in effort to allow McCourt the opportunity
Updated: 11/02/2011 12:55A
Los Angeles Dodgers to Be Sold: Fan's Opinion
Although no buyer has been named, MLB and the Dodgers issued a joint statement saying McCourt has agreed to work with MLB and the bankruptcy court to sell the team "in a manner designed to maximize value for the Dodgers and their owner, Frank McCourt.
Updated: 11/02/2011 12:51A
McCourt agrees to sell Dodgers | The Republic
McCourt and Major League Baseball have agreed to seek approval from the US Bankruptcy Court for an auction of the Dodgers, according to a joint statement issued late Tuesday night. The sale is expected to include the team, Dodger Stadium and the
Updated: 11/02/2011 12:38A
Frank McCourt agrees to sell Los Angeles Dodgers in auction
Frank McCourt will sell the Los Angeles Dodgers in a bankruptcy auction, it was announced Tuesday night. The agreement between McCourt and Major League Baseball is the result of negotiations to end a bitter two-year dispute between the sides.
Updated: 11/02/2011 12:35A
Frank McCourt to sell Dodgers
In late June, the Dodgers filed for bankruptcy protection in a Delaware court, blaming Major League Baseball for refusing to approve a multibillion-dollar TV deal that McCourt was counting on to keep the troubled franchise afloat.
Updated: 11/02/2011 12:34A
Inability to account for $600 Million: Forces MF Global into bankruptcy
MF Global, a Wall Street brokerage (MF) firm, led by former New Jersey Governor and Goldman Sachs CEO Jon Corzine is forced into bankruptcy due to its inability to account for $600 Million, thus foiling a deal with Interactive Brokers.
Updated: 11/02/2011 12:29A
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