It has been all but quiet on the media front regarding the sale of the Texas Rangers to a group headed by Pittsburgh attorney Chuck Greenberg and Rangers president, Nolan Ryan, but that should could change shortly.
The sale, which is being reviewed by the 40 creditors of Hicks Sports Group, the club’s current owner, has a target date of Opening Day for the deal to be completed. Seventy-five percent of MLB’s 30 owners needs to approve the deal, but that is seen as a formality.
A high-ranking source in the Greenberg/Ryan group is “feeling good about” getting the ownership transfer done by Opening Day, adding “this certainly will be a busy month for tying down loose ends.”
More details as they surface.
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