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 TD Ameritrade Holding Corp. Marc Utay, a managing partner with the New York-based private equity firm Clarion Capital Partners, LLC; and Chicago real estate … [Read more...]
Mark Cuban Charged with Insider Trading by the SEC
According to multiple reports on Monday morning, Mark Cuban has been charged with insider trading by the Securities and Exchange Commission. A report in the Wall Street Journal indicated Cuban sold 600,000 shares of Mamma.com "upon learning it was raising money in a private offering." The Wall Street Journal reported that the SEC "alleges in a civil action that Mr. Cuban sold his entire 6% ownership stake on June 28, 2004, after leaning that Mamma.com was raising money through a private … [Read more...]
Gammons Latest to Endorse Cuban
Peter Gammons became the latest to endorse Mark Cuban to be the new owner of the Chicago Cubs during Sunday night's game on ESPN. Gammons followed his on air report on Sunday by bringing up many of the same points on his blog on ESPN.com on Monday...."Cuban Would Be A Great Fit to Join Cubs' Family." Most of the content is under the 'insider' section of ESPN's website, so here are a few of his points in a bullet-point format to keep from receiving a little note from the World Wide Leader. For … [Read more...]
A Break in the Action?
After limping out of the All-Star break, Lou Piniella has his team back on track. They have won 8 of 10 and have many thinking about games in October with only 47 games left on the schedule. While things could change between now and the final series of the season in Milwaukee, one thing is certain....Piniella will keep his team focused down the stretch. The Cubs are clicking on the field and with Alfonso Soriano and Kerry Wood back from the DL, they have a healthy team for the first time since … [Read more...]
Talkin’ Cubs Live – Cubs vs. Pirates – 08/03/08
Game One Hundred Twelve: Cubs (66-45) vs. Pirates (51-59) Game Time - 1:20pm C.T. Coverage - TV: WGN - Radio: 720 WGN, XM Radio Channel 188 Location - Wrigley Field, Chicago Carlos Zambrano (12-4, 2.80/1.22) vs. Ian Snell (4-8, 6.04/1.88) Lou Piniella's crew began a stretch of 20 straight out of the All-Star break back on July 18th, the maximum amount of games a team can play without a day off. After winning 4 of the first 10, they have gotten a little of the "swagger" back and are 5-1 over … [Read more...]