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Taxpayers must pay the freight for over-budget train projects
Topic - Russell Nelms
Billionaire Dallas Mavericks owner Mark Cuban and a group led by Hall of Fame pitcher Nolan Ryan were locked in a fierce bidding war for the Texas Rangers early Thursday, with each side adding millions to the pot in a rare and contentious bankruptcy court auction.
The Texas Rangers auction was delayed a couple of hours Wednesday as officials in the team's bankruptcy case determined which of the two bids is higher.
The much-anticipated auction of the Texas Rangers was delayed for hours Wednesday as officials in the team's high-profile bankruptcy case tried to determine which of the two opening bids is higher.
A group of investors led by Dallas Mavericks owner Mark Cuban submitted the highest opening bid for the AL West-leading Texas Rangers at a rare and unusual auction in bankruptcy court Wednesday, jeopardizing the sale to Major League Baseball's preferred buyer.
Billionaire Dallas Mavericks owner Mark Cuban launched an aggressive bid to buy the Texas Rangers on Wednesday, challenging Hall of Fame pitcher and team president Nolan Ryan and his group of investors in a rare and contentious bankruptcy court auction.
U.S. Bankruptcy Judge Russell Nelms said he wanted to keep the auction on track, earlier rejecting a request by attorneys for Ryan and sports attorney Chuck Greenberg for a 12-hour break to review documents.