07-06-2009, 11:56 AM
Sounds like Twitter is going nuts right now as well.
http://www.reuters.com/article/mergersNews...626049920090706
<!--quoteo-->QUOTE <!--quotec-->CHICAGO, July 6 (Reuters) - The Ricketts family has reached a deal to buy the storied Chicago Cubs baseball team from bankrupt media company Tribune Co for slightly less than the original $900 million bid, a source familiar with the deal said on Monday.
"There is a deal between the Ricketts and Tribune Co," said the source, who asked not to be identified because the agreement has not been announced.
Spokesmen for Ricketts and Tribune Co were not immediately available to comment.
The Ricketts family, led by Chicago investment banker Tom Ricketts, agreed in January to buy the team, its home park of Wrigley Field and a stake in a regional sports cable TV network for $900 million.
"The terms are very similar," the source said. "It's slightly less than that."<!--QuoteEnd--><!--QuoteEEnd-->
http://www.reuters.com/article/mergersNews...626049920090706
<!--quoteo-->QUOTE <!--quotec-->CHICAGO, July 6 (Reuters) - The Ricketts family has reached a deal to buy the storied Chicago Cubs baseball team from bankrupt media company Tribune Co for slightly less than the original $900 million bid, a source familiar with the deal said on Monday.
"There is a deal between the Ricketts and Tribune Co," said the source, who asked not to be identified because the agreement has not been announced.
Spokesmen for Ricketts and Tribune Co were not immediately available to comment.
The Ricketts family, led by Chicago investment banker Tom Ricketts, agreed in January to buy the team, its home park of Wrigley Field and a stake in a regional sports cable TV network for $900 million.
"The terms are very similar," the source said. "It's slightly less than that."<!--QuoteEnd--><!--QuoteEEnd-->