Monday, January 25, 2010
What does Stan Kroenke have up his sleeve? He's 17 shares away from crossing the 30% threshold and then being required to make an offer for all of the outstanding shares of the Arsenal Football Club. Here's the update. Might it involve a sale of the St. Louis Rams? Kroenke has a right of first refusal as well a go-along provision with respect to the Rams. Kroenke could end up going along with the Rosenblooms when they sell and then use the proceeds to launch on offer for Arsenal.