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Tuesday, March 27, 2012

Deal unveiled to sell Los Angeles Dodgers for $2 billion (latest news) | The Wall

Deal unveiled to sell Los Angeles Dodgers for $2 billion (latest news) | The Wall: "LOS ANGELES, March 27 (Reuters) - The Los Angeles Dodgers and owner Frank McCourt a nnounced a deal o n T uesday to sell the team for $2 billion to Guggenheim Baseball Management LLC, a g roup that includes former basketball great Earvin "Magic" Johnson as one of its partners.

As part of the deal, which could help the club emerge from bankruptcy, McCourt and certain affiliates of the buyers also plan to form a joint venture to ac quire Dodger Stadium "

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