Advertisement
 
Monday, March 30, 2015
Amsterdam, NY ,
Advertisement

Trump still in play for Bills

Friday, August 01, 2014 - Updated: 9:26 AM

BUFFALO (AP) -- Donald Trump remains in the running to buy the Buffalo Bills.

And so are NHL Buffalo Sabres owners Terry and Kim Pegula, a person close to the process confirmed Thursday night to The Associated Press while speaking on the condition of anonymity because the sale is supposed to be private.

Michael Cohen, Trump's executive vice president and special counsel, confirmed in an email to the AP that his boss was chosen to advance to the next round of bidding. Cohen said he was informed of the decision by Morgan Stanley, the banking firm overseeing the sale of the team for late owner Ralph Wilson's estate.

"Mr. Trump's significant wealth, name recognition and real estate knowledge makes him a viable option," Cohen said.

Trump is bidding on his own after electing against being joined by partners. He is prepared to make an all-cash offer. Trump is proving to be serious in his efforts to buy the Bills, who are on the market after Wilson died in March. Trump was previously dismissed by critics as using the Bills' sale as a publicity stunt.

The Pegulas have been low-key throughout the process in regards to their interests in purchasing the Bills.

The Bills most recently were valued by Forbes at $870 million but are expected to sell for at least $1 billion.

     

Comments made about this article - 0 Total

Comment on this article

Advertisement
The Recorder Sports Schedule

 

The Recorder Newscast

Most Popular

    New York state Senate again backs legalization of mixed martial arts
    Wednesday, March 25, 2015

    Ovechkin, Chimera lead Caps past Rangers
    Monday, March 30, 2015

    Sheriff's office investigating foreclosure company
    Wednesday, March 25, 2015

    Michael T. Bintz
    Thursday, March 26, 2015

    Benefit scheduled Sunday For second time in five years, local family loses home to fire
    Wednesday, March 25, 2015

    Local singer makes it to the next round
    Tuesday, March 24, 2015

    Best friends in life playing best friends in a high school musical
    Thursday, March 26, 2015

    Amsterdam native's wife endorsed for Nevada Senate post
    Saturday, March 28, 2015

    F-FCS athletes Board eyeing tougher rules
    Friday, March 27, 2015

    Man burned by vehicle fire
    Saturday, March 28, 2015

Advertisement

Copyright © Port Jackson Media

Privacy Policies: The Recorder

Contact Us

Twitter

Instagram

Facebook