And back and forth they go in the Texas Rangers bidding war…
After Mark Cuban’s group put up a bid of $355 million, including $208 million in assumed liabilities, you might have thought that would be too rich for Nolan Ryan and The Greenberg Group’s blood. But then maybe you haven’t been paying attention.
Greenberg has countered with a bid of $365 million and has offered to remove escrow. The total value of the Greenberg-Ryan offer is about $585 million compared to $563 million for the opposition.
As of 12:40pm EST, Judge Russell Nelms has called for a 15-minute recess. And now we wait to see if Cuban and his partners go all-in.