Firing a $1B Cubs pitch

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Firing a $1B Cubs pitch
Bleed Cubbie Blue: Front Page Posts found this 7/19/2008 on www.suntimes.com [flag]
Ten investment groups offered to buy the Cubs, and more than 20 made proposals to purchase just Wrigley Field as a potential $1 billion sweepstakes began Friday for a pair of Chicago treasures. The favorite remains a group led by John Canning Jr., chairman of Madison Dearborn Partners LLC. [link]

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Pregame Thread: Cubs vs. Astros, Saturday 7/19, 6:05 CT
Published 7/19/2008 by Al at Bleed Cubbie Blue: Front Page Posts
... on the upcoming sale of the Cubs, listing the seven most likely bidding groups and individuals -- I'm very glad to see Don Levin, owner of the Wolves, still on this list. He's my #1 choice -- a Chicago native, lifelong Cubs fan with deep pockets who already owns a successful sports team in this town. There are a few more details in this Fran Spielman article in today's Sun-Times, and yet another take from ...

Chicago Cub Bidders Down to 5; Cuban Makes the Cut
Published 7/24/2008 by noreply@blogger.com (jumbo) at Towel Drills: A Chicago Cubs Blog
... Less than a week ago the Cubs announced that it had accepted 10 bids to purchase the Chicago Cubs from Sam Zell and the Wrigley Co. It even had 20 bids to purchase Wrigley Field separate from the team. Today, the Cubs are saying only 5 of those bidders remain. And all 5 of the remaining bids are reported to be over ...

Related: john canning cubs

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Chicago Tribune reports John Canning's Bid shot down

cubbies0606 posted 7/23/2008 from out-of-rightfield.blogspot.com

The favorite to buy the Chicago Cubs was shot down, while 5 other groups advanced to continue in the bidding process.
2

Cubs Laugh at Low Bid From Selig Pal

waxpaperbeercup - blog found this 7/24/2008 on mlb.fanhouse.com

John Canning , chairman of Chicago private-equity firm Madison-Dearborn Partners and noted dude with lots of money (private equity must pwn), is interested in the Cubs. His ownership group has long been mentioned as the frontrunner in the sale of the ...
Related Blog Posts
Three Bidders Left in Cubs Sale, One of Whom You May Know

Posted 7/25/2008 on FanHouse

This morning, I ever-so-briefly covered the news that John Canning 's ownership group, long considered the frontrunner for Cubs ownership, had its low offer laughed out of the room . Initially, it seemed Canning would be able to submit a second, higher bid, but according to the Associated Press' source that's not the case . Canning is out of the picture, and only three remain. This should be ...
C-a-C: 'But can the other two bidders sing like Mark Cuban?'

Posted 7/24/2008 on Big League Stew

I think we can classify this as fairly shocking news: The AP is reporting that Mark Cuban is one of only three interested parties to make it past the initial bidding stage in the process to sell the Chicago Cubs . Even more shocking is the revelation that the group led by John Canning, which many people felt was the odds-on favorite to land the team, was not selected for the second round. ...
Cubs Bidders Down to 5 - Cuban In, Canning Out

Posted 7/24/2008 on SportsBiz - The Business of Sports Illuminated

And now there are only 5. The Tribune Company has reportedly narrowed the pool of bidders for the Cubs down to 5, all of whom have bid more than $1 billion. In what can be considered a major upset, the early odds on favorite, Commissioner Bud's bff, John Canning, Jr. is out and Commissioner Stern's nemesis Mark Cuban is still in. Of course, even if he is the high bidder, Cuban must still be ...
Cubs Win, Cuban Contends, and I Dare You To Spell "Samardzija" on Your Own

Posted 7/24/2008 on A Hundred Next Years

— Call me a cockeyed optimist, but I found no fewer than eight positives in the concluding game of the Cubs' mostly miserable 2-4 road trip. — According to the Sun-Times , Tribune Company has pared the field of potential purchasers of the team and the ballpark down to five, with all of those parties having bid at least $1 billion. Mark Cuban is among the five; John Canning, Milwaukee ...
...and there were five

Posted 7/24/2008 on waxpaperbeercup - blog

Sam Zell and The Chicago Tribune have finished the first round of auction on the Chicago Cubs . They have trimmed the list of potential buyers from 10 to 5. While we don't have the complete list of those five we know two names that are not finalists. Bud Selig and MLB favorite John Canning and Chicago Wolves owner Don Levin were not among the finalists.   Funny but the Canning ...
Chicago Sun-Times says Mark Cuban makes 2nd round

Posted 7/23/2008 on OUT OF RIGHT FIELD

A source for the Chicago Sun-Times claims that Mark Cuban has made the 2nd round in the bidding process for the Chicago Cubs. So far, that makes 1 bidder identified. The other 4 have yet to be identified, other than the fact we know that it is not Bud Selig's buddy John Canning.
And Then There Were Three

Posted 7/23/2008 on Ivy Chat

Big News on the Cubs' sale front. The initial ten bids have been weeded down to three. That was expected. What was not expected (but was guessed as to be a good possibility by this writer) is who got knocked out : A group led by John Canning, chairman of Chicago private-equity firm Madison Dearborn, valued the Cubs, Wrigley and the team's stake in Comcast SportsNet at far less than the $1 ...
Offers for Cubs, Wrigley Field rolling in

Posted 7/19/2008 on MLB - Sports Rumors - Yahoo! Sports

Ten investment groups offered to buy the Chicago Cubs , and more than 20 made proposals to purchase just Wrigley Field as a potential $1 billion sweepstakes began today for a pair of Chicago treasures. The favorite remains a group led by John Canning Jr., chairman of Madison Dearborn Partners LLC. Canning is a part-owner of the Milwaukee Brewers , the team once controlled by Baseball ...