Friday, August 3, 2007

Chicago bidder for Cubs has powerful group-sources

(Reuters) - John Canning Jr., chairman of Madison Dearborn Partners and
owner of an 11 percent stake in the Milwaukee Brewers baseball
team, has formed a bidding group of which he would be a
controlling partner, the sources said.




The Cubs are being sold by media group Tribune Co
and analysts have said a deal for the club, Wrigley Field and
cable assets could top $1 billion.


Read more at Reuters.com Mergers News

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