It's just nice to see it in print (ok electronic media)....
Texas Rangers sale finalized
BY ROBERT FRANCIS
August 13, 2010
The sale of the Texas Rangers was finalized Aug. 12, when the ownership group headed by attorney Chuck Greenberg and Nolan Ryan received unanimous approval from Major League Baseball owners at their joint quarterly meeting.
The team was purchased from Tom Hicks last Aug. 5 for $593 million during a 17-hour bankruptcy court auction in Fort Worth.
The new Texas ownership group is the Rangers Baseball Express, with Greenberg serving as managing general partner and Ryan as club president, his previous position in the Hicks-owned organization. Ray Davis from Dallas and former XTO Energy Chairman Bob Simpson are the co-lead investors.
Despite the long period of financial instability for the team, the Texas Rangers remain in first place in the Western Division of the American League.
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