cymbalta prices in canada how to get plavix generic effexor xr problems with alli 60mg hard capsules orlistat buy ginseng plants seeds buy kamagra new zealand online canada drugs online no prescription buy now viagra spam citalopram order online didronel reviews cheap amaryllis bulbs uk best generic albenza review where do i buy nymphomax american malegra dxt what is the correct dosage of hyzaar c# store generic list in session online sale of triamterene generic duetact no prescription can you get combivent over the counter research grade l-tryptophan buy albuterol online canada buy propranolol online uk cozaar to buy in australia augmentin 100 mg /12 5 how to get promethazine codeine syrup online q precio tienen pastillas cytotec valtrex online canada 1000mg what is vasotec made of tetracycline shop brand sumycin for sale buy cymbalta tablets us where can i get zithromax over the counter accutane online mexico finasteride propecia 1 mg or proscar 5 mg pharmacy that sells tadapox what does zofran taste like snorting xanax effects what is orlistat medication buying tadacip viagra for women free samples buy avodart online no prescription cheap price mirapex withdrawal symptoms ciplox in croatia ditropan xl rxlist what types of nizagara are there research grade quibron-t without self order reglan cialis price compare acheter etodolac pas cher medicament zentel prospect erection packs 2 discount prescription max zyprexa dose orlistat brands india generic malegra dxt can paroxetine cause weight gain generic for prevacid not working uk buy vpxl without prescription naprosyn max dose flagyl er cost generic xanax online no prescription ephedraxin western australia nexium generics in europe can you buy cipro in mexico metformin generic cost low cost avalide online without buy buspar quick tadalafil 5 mg online canada drugs cymbalta with prescription buy antibiotics online overnight minocycline online order phenamax maximum dosage power acai online side effects of calcium carbonate tums low dosage levitra nizagara canada pariet italiano unisom tablets us online ciplactin syrup composition arimidex 1mg tablets side effects como comprar elocon brand brand advair diskus buy what is the displayed formula of aspirin diflucan tablets from buy viagra and alcohol headache hyzaar italiano Purchase accutane 25 mg lortab vs vicodin vs hydrocodone crestor 40 mg pharmacy celexa reviews for social anxiety para que sirve la sertralina y sus efectos secundarios dipyridamole in the uk now aspirin refills anafranil 100mg buy how long does it take for tegretol to leave your system discount cefixime mg how to live cheap in retirement where to buy viagra in belfast actavis promethazine with codeine what does estrace do for infertility i pill clozaril website pharmacy cialis canada pharmacy online aspirin 500 mg 20 tablet erexin-v for sale australia depakote er max dose where is alli trippy from tablets for sale online furosemide crestor delivery confido where can i buy it losec mups side effects zoloft online order flovent spain over counter purchase glucophage 500 mg prandin spain over counter brand cleocin for sale friv 1000 jogos online mircette reviews side effects yasmin side effects long term use what is clomid bodybuilding effexor xr side effects long term use where cane i buy trimethoprim pharmacy aciclovir cost in canada buy atorlip-5 in singapore lipitor prices costco viagra slovenia rumalaya gel online forum saroten retard 25 aceon overnight shipping buy cheap zanaflex online canadian voltaren tablets uk buy grifulvin v paypal extendaquin online ordering comprare nolvadex online fucidin cream children low price cefadroxil uk can you cut wellbutrin xl tablets half where to buy cheap generic cabgolin propecia 2mg jour zestoretic no prrescription acai sales tricor plc share price grifulvin v online meds actonel generic form brand biaxin buy cheap alli online uk rabeprazole 10 mg zofran melt aways where can i get zestril pilex generic equivalent confido women buy river pharmacy canada ldn mail order cephalexin lamictal prices cvs silagra 50 mg methotrexate discount trazedone without prescription what is female cialis drugs side effects of blood pressure medication ramipril culturismo sin tonterias pdf what doses does wellbutrin come in average price of viagra uk abilify for sale depo provera 100mg buy lipothin online india can you buy levitra professional in ireland pharmacy canadian lasix to purchase without a prescription celebrex canada pharmacy generic zocor prices revia mail order india buy eurax 40 effects of prednisone on blood sugar imuran online pharmacy uk fastest atacand uk delivery $9 relion ventolin hfa inhaler cheap generic speman amoxicillin 500 mg capsules pregnancy buy albuterol sulfate inhalation solution 0.083 order retin-a 0,05 canada brand parlodel buy mircette reviews weight gain doxycycline tablets 50 mg baytril dose for snakes nizoral shortage 2011 cheap amaryl buy wellbutrin fast shipping what is the medicine diovan used for purchase brand viagra lowest price generic benicar usa pharmacy suggested retail price viagra amitriptyline by mail order lamictal - no prescription needed what is the antibiotic minocycline used for revia results forum purchase kamagra oral jelly cheap glycomet ordering no prescription clomid with no rx sale elimite buy precose online reviews can you crush prednisone pills buy prazosin 80 mg online fastest liposafe uk delivery symptoms of chlamydia in men side effects of flagyl 500 mg zetia 40 mg dose blopress medicine tamoxifen purchase cheap nolvadex online kroger pharmacy charlottesville voveran gel price propecia dose increase buy estrace paypal accepted acheter pas cher seroflo ceftin no prescription compare prices to buy zoloft cheap generic phexin mexican viagra generic order nolvadex and clomid health canada acai berry diet health canada carafate buy cheap motilium isoptin sale indocin dosage for gout asacol dosage too high find brand propecia pharmacies online no prescription safe brand levitra buy what is the order of intermolecular forces from weakest to strongest alesse prescriptions overnight delivery cod buying cialis new zealand kariva generic mircette half price metformin minocycline dosage for perioral dermatitis buy sildenafil generic naltrexone uk fibromyalgia onde comprar cialis em miami online canadian drugs no prescription buy american ginseng mexico prescription buy amantadine best place to buy levitra super active buy generic danazol with bonus buy etodolac hong kong buy fish tetracycline venlor overnight delivery methotrexate side effects forum buy flagyl er uk nike air max leopard size 5 prescription drugs online without prescriptions online forum prescription generic phenergan lisinopril 5mg dosage coreg canada prescription how much codeine syrup to make lean exelon generation careers cozaar for sale uk lotrisone discount voucher omnicef ear infection reviews shuddha guggulu next day malegra fxt online pay paypal buy met rx products what is tricor 145 mg for alesse without prescription buy cleocin gel 15mg online buy anacin greece finasteride use prostate cancer comprar viagra farmacia portugal florida zanaflex pharmacies canada vpxl viagra 6 free samples voltaren cheap uk buy zebeta next day cheap atorlip-5 pills brand viagra medicine wellbutrin rx list side effects ophthacare medicine online generic femara available us what is the drug pyridium used for order kamagra 120 mg cheap toprol xl no prescription lowest price lithium retin a micro gel .1 what is losartan vasodilan dose nexium with no rx safe buy prograf online paroxetine cost metoclopramide discounts codes buspar from china long time side effects albenza honest place to buy paxil on internet where to buy tablets levothyroxine sodium flagyl uk buy online arimidex reviews lortab 5 325 original mobic online nirvana lithium tab drum buy benicar without a script phexin tablets uses generic keflex antibiotics generic grifulvin v usa pharmacy how to order rogaine 2 order acai berry in canada best place to buy purinethol moduretic tablets uk brand advair diskus on line no script xeloda rx diclofenac genericon 100mg resources for zanaflex drug market order tadacip buy rimonabant online no prescription vigrande 100 mg pret nike air max 95 em cool grey/black/white/volt bioscient testosterone cream reviews zithromax 250 mg azithromycin where can i get ciplox pills digoxin tablets purchase on line venta de viagra para mujeres en chile plavix shop net voltaren gel uk clamelle azithromycin 500mg tablets pamelor next day celebrex buy canada lipitor medicine cholesterol amlodipine besylate 10mg overdose flagyl suspension oral precio before and after pictures of viagra use zyrtec canada over the counter women viagra for sale lamictal medication side effects generic atrovent inhaler rumalaya liniment without script non generic bentyl order non generic valtrex safe lexapro no precription what is the generic name for bentyl legality buying prescriptions canada coversyl australia diflucan over the counter comparison celadrin cream india famvir lawsuit settlements norco bikes 2012 what is valacyclovir hcl tabs pharmacycustomercare orderstatus where can i buy prednisone for my dog what is duphalac medicine where to buy alesse in canada safely lukol from usa is mail order anacin safe buy bystolic without a script online pharmacy lady era where can i buy accutane from cheap atorvastatin calcium coupon buy sinequan with visa where to buy lotensin viagra mastercard buy purchase cheapest malegra fxt click here donde puedo comprar cytotec sin receta en puerto rico casodex online legally inflame away celadrin reviews genuine cialis no prescription uk sarafem maximum dosage buy buspar 100mg online clonidine hcl price i pill fluoxetine website buy cheap trandate using pay pal rumalaya to buy from europe best pharmacy to order zyprexa floxin generico italiano how often to take robaxin generic drug to replace benicar i pill asacol website can order alphagan canada comprar viagra online em portugal cheap cialis jelly 100 mg why has clomid been discontinued diclofenac during breastfeeding vigrande 100 mg kullan?m? artane industrial school for boys hytrin side effects in men buy bupropion 100 avalide usa sale buy cheap lasix my mexican drug store order liquid rhinocort review order indocin online in usa buy toradol online grifulvin v uk brand name health express pharmacy bayer 20 lariam + price + australia coversyl arginine plus 5 mg acheter pas cher vermox how to use terramycin eye ointment how much is azulfidine tablets what is citalopram tablets used for chinese erection pills retin-a 0,025 online coupon code low cost zanaflex without overnight cleocin online cytotec canada overnight delivery cefadroxil mg buy chloromycetin pharmacies in cytotec misoprostol precio buy rythmol sr 325 cost of baclofen without insurance where to buy allison cabinet pulls pills phenergan shortage 2012 verified internet pharmacy practice sites vipps metoprolol side effects in women strattera dosage strengths buying rumalaya forte for dogs natural over the counter viagra substitute where to get aciphex pct accutane diary pictures revatio online overnight cheap motrin 100 mg what is the correct dosage of nolvadex buy pain pills online cheap prazosin ptsd reviews buy cheap grifulvin v cheap reminyl pills buy cheap zithromax online calcium carbonate plant for sale order buy deltasone online pharmacy prozac and weight gain or loss buying penegra using paypal is there a shortage of evista buy propecia finpecia buy cheap sinequan discount pharmacy kingston jamaica where to buy lariam drugs online can you purchase acai berry in stores how to use viagra spray for men lamictal medication assistance program zovirax on line in the mexico levlen visa online vasodilan india lithium medicine bipolar lipitor in the uk now cost of viagra soft what is the dosage for allegra accutane complaints allegra-d side effects constipation buy prometrium with paypal fucidin best price is it safe to use online pharmacy best price nymphomax rumalaya forte drugs online purchases pilex ointment review buy noroxin in usa buy dutas online no prescription us synthroid cost cvs combivent respimat instructions north american indian alliance pow wow butte pharmacie france en ligne pcos and clomid 50mg success stories para que se usa el medicamento zocor what class of drugs is clonidine doxycycline mail order india geriforte syrup cheap price herbal viagra from china buy benicar 100 rhinocort online bestellen what is the prescription protonix used for strattera discount online 10mg best place to order deltasone in us chloroquine side effects ocular buy synthroid with mastercard black and decker 20v lithium drill reviews aciclovir.com zanaflex no prescription needed levaquin can i buy viagra online yahoo low cost alavert cheapest viagra plus in the uk tofranil no prescription canada purchase colospa cheap arimidex to buy mail order accutane order flagyl er online in usa avapro from canadian pharmacy suhagra online bestellen buy legal drugs in canada sinequan tablet sale best place to order ceftin in us what is celebrex 200 used for where to buy glucophage drugs online canada drugs tinidazole with prescription order tadapox dostinex dose lactation suppression shelf life of cephalexin 500mg vardenafil hci levitra zebeta tablets for purchase side effects of adalat oros order online meds clonidine without a script buy chloramphenicol pharmacy jobs in mumbai india what is the dosage for zithromax to treat gonorrhea generic metformin zydus rumalaya liniment express canada buy generic v-gel online amlodipine lisinopril combination nizagara uk companies only isotretinoin tablets in india cheap pravachol 80 mg sinequan capsules where to buy live mealworms in singapore can i buy lexapro in mexico generic amantadine hcl finasteride tablets usp 1 mg side effects diclofenaco 50mg over counter equivalent celexa prescription viagra sale isoptin medication premarin dosage forms confido brand positioning buy seroflo capsules health canada bactrim buy unisom from canada buy propranolol in singapore amlodipine norvasc side effects is tradjenta better than januvia prazosin prices cvs where can i get zovirax pills brand wellbutrin for sale danazol 100mg tablet arimidex online store aciclovir 20 mg generic motrin called where to purchase orlistat septilin tablets price mirapex class action lawsuit canada minocycline sublingual dosage minocycline medicine for by prednisone visa buy dulcolax online from usa stromectol by mail order dosage of viagra tablets buy alphagan eye drops prescription where do i levaquin in mexico will strattera cause weight gain voveran sr usa sale sildenafil usa side effects of hydrochlorothiazide malegra fxt capsules order buy cheap elimite how to buy clomid for pct brand viagra by mail order canadian pharmacy online vermox ist kamagra legal in usa buy diclofenac 40 how much will aciclovir cost non prescription blopress zocor tablets information best place to buy strattera in mexico crestor side effects canada viagra soft cheap uk brand amoxil for men sale in uk research grade bactroban buy cymbalta without a perscription best place buy cordarone uk version of bystolic buy bactrim ds online no prescription antivert 5mg tablets eltroxin availability in uk acheter pas cher provera avon revista online billig sarafem online kaufen buy cipro 500 mg online zofran pas cher italie what is glycomet 500 sertraline side effects 100mg acheter requip himplasia mg buy amaryl uk brand name purchase propranolol mg obagi tretinoin 05 reviews buspar for anxiety and ocd buy shatavari online no prescription us tricor 100mg cheep what is misoprostol tablets used for dulcolax liquid reviews generic for diclofenac sodium buy remeron 20 how to get free viagra can you drink on erythromycin tablets tablets for sale canada cheapest l thyroxine atrovent nasal spray dose prescription buy vermox purchase imitrex pills what is furosemide for dogs can you smoke promethazine pills what is levothroid used for tenormin buy online canada
Home MLB News MLB Club Sales HICKS SPORTS GROUP COMPLETES SALE OF TEXAS RANGERS TO GREENBERG-RYAN

Like Shoot to Thrill - An AC/DC Tribute on Facebook!

An authentic tribute of AC/DC that covers the best of the Bon Scott era and the best of Brian Johnson's material

Who's Online?

We have 1294 guests online

Atom RSS

HICKS SPORTS GROUP COMPLETES SALE OF TEXAS RANGERS TO GREENBERG-RYAN PDF Print E-mail
User Rating: / 13
PoorBest 
MLB Club Sales
Written by Maury Brown   
Saturday, 23 January 2010 21:07

Rangers


UPDATE (9:45pm ET). Hicks Sports Group released the fiollowing statement:

Hicks Sports Group LLC announced today that it has reached a definitive agreement to sell the Texas Rangers franchise to Rangers Baseball Express LLC, an investment group headed by Pittsburgh attorney Chuck Greenberg and Nolan Ryan, the legendary pitcher who now serves as president of Texas Rangers Baseball Partners. The agreement represents completion of the second major step to sell the team. It is still subject to approval by Major League Baseball and certain lending institutions, as well as completion of financing.
“Together, we have worked exhaustively since last month to attain this agreement,” said Tom Hicks whose family controls Hicks Sports Group. “It’s a complex business deal that positions the franchise positively for the future.”
In a separate transaction, Ballpark Real Estate, L.P., an independent investment vehicle controlled by Hicks, entered into an agreement to sell or transfer to the Greenberg-Ryan group approximately 153 of the 195 acres around the Ballpark and Cowboys Stadium that is owned or controlled by Ballpark Real Estate or the Hicks family. In return for the transferred land, Ballpark Real Estate will receive cash, notes, and an ownership position in the team.
Greenberg will serve as the Managing Partner and CEO of Rangers Baseball Express while Ryan will continue in his role as President. Co-lead investments in Rangers Baseball Express will be made by Ray Davis of Dallas and the family of Bob and Janice Simpson of Ft. Worth. Ray Davis and Bob Simpson will serve as Co-Chairmen of the Board of Rangers Baseball Express. Greenberg has asked Hicks to continue his association with the Club as Chairman Emeritus.
“Nolan and I greatly appreciate Tom Hicks’ willingness to work beyond the deadline to complete the deal and his support for passing the torch from the Hicks family to our group,” said Greenberg. “His actions speak eloquently to his commitment to serve the best interests of Rangers fans and the community.” "We are fortunate to be assuming the stewardship of a franchise poised for greatness,” Greenberg added. “The tremendous foundation of talent that has been assembled on both the major and minor league levels, combined with our passionate commitment to achieve excellence in every facet of the organization's operation, and the pent-up thirst for success we observe from our fans every day, creates the opportunity for the Rangers to become one of the great franchises in baseball.”
Hicks and Greenberg both expressed their appreciation for the efforts of MLB, particularly the Commissioner of Baseball, Bud Selig, for facilitating this stage of the transaction.
Because the transaction is still subject to MLB approval and other matters, specific terms were not announced. The deal could be completed by April.
“In the short-term,” said Hicks, “Chuck, Nolan and I will focus our attention not only on the transaction but on making sure the Club operates in a business-as-usual manner. Pitchers and catchers report in just 26 days.”
“The efforts of the last few years are evident in the very positive direction in which the Rangers are heading,” said Ryan. “We look forward to continuing that work for the 2010 season and beyond. I am excited to have the opportunity to be a part of this organization as we go forward.”
Bank of America Merrill Lynch, Raine Advisors and Perrella Weinberg Partners LP served as financial advisors, and Weil, Gotshal & Manges LLP served as legal counsel, to Hicks Sports Group. McGuire, Craddock & Strother, P.C. served as real estate counsel and Cousins Properties Services LP served as a real estate consultant to Ballpark Real Estate.
For the buyers, Rangers Baseball Express, Evolution Media Capital and CAA Sports Media Venture served as financial advisors, and Foley & Lardner LLP and Sherrard, German & Kelly, P.C. served as legal counsel. Leib Advisors served as the tax and accounting advisors to the buyer.


UPDATE (9:40PM ET): Jeff Wilson reports:

The deal, according to sources, cuts owner Tom Hicks almost entirely out of the picture. He will be a partner with Greenberg and Ryan, but his ownership share will be very small, sources said, and his spot on the new board of directors is in question.

While the percentage is not indicated, the lowest amount of minority ownership for HSG would need to remain at 5 percent or higher for tax avoidance purposes. Below that figure, and HSG would pay tax as if it were a straight cash sale. This action was done most recently with the sale of the Chicago Cubs.


THIS IS BREAKING NEWS...

A source to The Biz of Baseball, plus this report by MLB.com's T.R. Sullivan, indicates that the sale agreement between Hicks Sports Group and the ownership group headed by Pittsburgh attorney Chuck Greenberg and current Rangers president Nolan Ryan has been completed, with official news coming from the Greenberg/Ryan group shortly.

According to Sullivan, the deal needs approval by the creditors of HSG. It would also need approval by 75 percent of the league's 30 owners, which could be done by conference call.

More news as it becomes available


Maury BrownMaury Brown is the Founder and President of the Business of Sports Network, which includes The Biz of Baseball, The Biz of Football, The Biz of Basketball and The Biz of Hockey. He is available for hire or freelance. Brown's full bio is here. He looks forward to your comments via email and can be contacted through the Business of Sports Network.

Follow Maury Brown on Twitter Twitter

Follow The Biz of Baseball on Twitter Twitter

FacebookFollow the Business of Sports Network on Facebook

 

 
 
Banner

Poll

Should MLB Force Jeffery Loria to Sell the Marlins?