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Baseball Fri Aug 21 2009
Cubs Sold to Ricketts Family
It is being reported that the long awaited sale of the Cubs is finally complete. The Ricketts family, who have been front runners since negotiations began, are spending $845 Million for the team and related assets. They will have a 95% control of the team (the other 5% will be retained by the Tribune Compnay), ownership of Wrigley Field and a 25% stake in Comcast SportsNet Chicago.
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