The Chicago Cubs file for Chapter 11.


Recommended Posts

NEW YORK -The Chicago Cubs filed for Chapter 11 bankruptcy protection Monday, a step that will allow its corporate parent to sell the team in an $845 million deal.

The filing in Wilmington, Del., was anticipated and is expected to lead to a brief stay in Chapter 11 for the Cubs. It comes as part of the Tribune Co.'s plans to sell the team, Wrigley Field and related properties to the family of billionaire Joe Ricketts, the founder of Omaha, Neb.-based TD Ameritrade.

More here.

Well here's one ball that I hope they knock out of the park.

Link to comment
https://www.neowin.net/forum/topic/832950-the-chicago-cubs-file-for-chapter-11/
Share on other sites

This topic is now closed to further replies.
  • Recently Browsing   0 members

    • No registered users viewing this page.