2007-03-19 04:47:43 · 2 answers · asked by Mr Jack 5 in Sports ➔ Baseball
Liberty Media bought 'em.
Sadly, they said they don't plan any day to day operations changes.
I'd love to be competitive in the long stretch for once! Dang it!
2007-03-19 08:35:37 · answer #1 · answered by stonechic 6 · 0⤊ 0⤋
Sale to Liberty Media
In February 2007, after more than a year of negotiations, Time Warner agreed to a deal that would sell the Braves to Liberty Media Group (a company which owned a large amount of stock in Time Warner, Inc.), pending approval by 75 percent of MLB owners and the Commissioner of Baseball Bud Selig. The deal includes the exchange of the Braves and $1 billion cash, for the large block of Time Warner stock held by Liberty Media. Team President Terry McGuirk anticipated no change in the current front office structure, personnel, or day-to-day operations of the Braves. Liberty Media is not expected to take any type of "active" ownership in terms of day to day operations.
2007-03-19 11:58:43 · answer #2 · answered by Anonymous · 1⤊ 0⤋