Chinese investors
L.A. Marathon founder, Bill Burke, and Chinese investors offer $1.2 billion to buy Dodgers
Sale would include media rights, property, real estate, team.
21 days it offer. And the close could happen in 90 days if approved and accepted.
A $1.2 billion purchase would break the MLB record, which was set two years ago when the Ricketts family bought the Chicago Cubs from Tribune Co. for $845 million, The Times reported.
Burke, the husband of retired Los Angeles County Supervisor Yvonne Brathwaite Burke, sold the Los Angeles Marathon in 2004. Ironically, the marathon is now owned by Frank McCourt, who purchased it in 2008.
More than 800 million than McCourt paid!
McCourt has been offered Over 1 Billion.
