Report of Cubs Sale Finalized Labeled ‘Premature’

According to a report from the Sun-Times, Monday’s reports on the sale of the Cubs are ‘premature‘. According to the Sun-Times, “the Ricketts Family and Tribune were very, very close to an $850 million to $900 million deal but that reports of a completed deal were ‘premature’.”

New Bids Submitted for the Cubs

According to reports from Reuters.com and Cubs.com, “at least three groups submitted offers on Monday to the Tribune Company in the latest round of bidding for the Chicago Cubs.” Reuters identified the following three groups: The Ricketts Group, led by Tom Ricketts executive of Chicago Investment bank Incapital LLC and son of the founder of […]