The Dallas Stars, the bankrupt National Hockey League team, won court permission to sell itself at an auction in which hotelier Tom Gaglardi may compete with lawyer Chuck Greenberg, a former co-owner of the Texas Rangers.
Chuck Greenberg, former chief executive officer and co-owner of the Texas Rangers baseball team, may seek to purchase the bankrupt Dallas Stars of the National Hockey League, a lawyer said today in court.
The Texas Rangers and lenders opposing a proposed sale of the Major League Baseball team agreed on the selection of a chief restructuring officer who may decide whether the $575 million deal will go forward.
Creditors including billionaire Carl Icahn and Monarch Alternative Capital LP are targeting Blockbuster Inc. , the bankrupt movie-rental company, in a possible buyout for less than $300 million, a person familiar with the matter said.
Blockbuster Inc. , once the largest video-rental chain, won approval to sell itself in bankruptcy to Dish Network Corp. and will seek to recruit subscribers as consumers migrate to online movie viewing.
Mark Cuban , the owner of the Dallas Mavericks, joined Houston businessman Jim Crane to submit a bid for the Texas Rangers’ bankruptcy auction tomorrow, according to two people familiar with the offer.