AP source: MLB approves Dodgers' finalists
Tuesday, March 27, 2012
NEW YORK (AP) -- Major League Baseball owners have unanimously approved the three remaining groups bidding to buy the Los Angeles Dodgers from Frank McCourt, setting up a final private auction for the bankrupt team.
A person familiar with the call, speaking on condition of anonymity because no announcement was made, said the vote took place during a teleconference Tuesday. McCourt and his advisers will conduct negotiations and select the winner in the coming days.
One group is led by former Los Angeles Lakers star Magic Johnson; another by Stan Kroenke, whose family properties include the St. Louis Rams; and the last by Steven Cohen, a hedge fund founder who is a limited partner in the New York Mets.