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Rangers Will Be Auctioned August 4

Rangers Will Be Auctioned August 4
Sports
Tuesday, July 13, 2010 - 5:39pm

Judge Has Decided

FORT WORTH, Texas (AP) - A federal bankruptcy judge has decided
that the Texas Rangers will be auctioned off after all.

U.S. Bankruptcy Judge D. Michael Lynn set the date for Aug. 4.

Major League Baseball endorsed its preferred buyer - a group led
by team president and Hall of Fame pitcher Nolan Ryan and
Pittsburgh sports attorney Chuck Greenberg - months ago.

Angry creditors have argued that the Greenberg-Ryan bid was not the
highest and the judge decided an auction was the best way to
proceed.

(Copyright 2010 by The Associated Press. All Rights Reserved.)
 

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