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Wednesday, July 23, 2008

Leo Hindery, Jr., supporter of David Brock, among bidders for Chicago Cubs

"At least 10 potential owner groups have been approved by Major League Baseball to bid on the Cubs, as well as its home ballpark, Wrigley Field, and a stake in a sports TV network"....
  • Among those are:
"...a group that includes Leo Hindery, who runs private equity firm InterMedia Partners and previously ran Yes Network, the TV channel of the New York Yankees baseball team, and AT&T Broadband." (Reuters, 7/19/08) In a 1/6/08 Huffington Post article about Hindery's work with the John Edwards campaign, reference is made to his tenure at the Global Crossing Company. At Global Crossing, Hindery made $250 million for less than one year's work according to Forbes. Affirming his faith in Media Matters for America, Hindery is quoted on 10/4/07 in NationalReview.com: UPDATE, 7/25/08, Reuters: "Real estate executive Hersch Klaff and media investor Leo Hindery are among the five groups Tribune Co approved to continue bidding on the Chicago Cubs baseball team, sources briefed on the matter said."...

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