Tuesday, February 28, 2012

7 groups advancing to buy Dodgers, auction to be completed by April 1

2/27/12, AP, "Several people familiar with the selection process, all speaking to The Associated Press on condition of anonymity, said the advancing groups are:

— Alan Casden, chief executive officer of the Beverly Hills real estate company Casden Properties;

Steven Cohen, founder of the hedge fund SAC Capital Advisors and one of the entities negotiating to purchase a minority stake in the New York Mets, and baseball and basketball agent Arn Tellem;

— Former Los Angeles Lakers star Johnson, former Atlanta Braves and Washington Nationals President Stan Kasten and Mark Walter, chief executive officer of the financial services firm Guggenheim Partners;

Leo Hindery, managing partner of the private equity firm InterMedia Partners and former chief executive officer of the YES Network, and Marc Utay, managing partner of the private equity firm Clarion Capital Partners;

— Kroenke, whose family properties own the NFL’s St. Louis Rams, the NBA’s Denver Nuggets and the NHL’s Colorado Avalanche, and who is majority shareholder of Arsenal in the English Premier League;

— Jared Kushner, publisher of The New York Observer and son-in-law of real estate developer Donald Trump;

— Stanley Gold, chief executive officer of Shamrock Holdings, the investment company of the family of the late Roy Disney.

McCourt’s agreement with MLB says the auction is to be completed by April 1 and the sale is to be closed by April 30—which coincides with the day McCourt is to make a $131 million divorce settlement payment to former wife Jamie."

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