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January 25, 2010
Arsenal Update
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.
January 25, 2010 | Permalink
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