Some bids to buy Atlanta Hawks are reportedly for around $900 million
Here’s Bloomberg reporting on the Atlanta Hawks, who are for sale:
Tampa Bay Rays part-owner Randy Frankel and ComPsych Corp. founder Richard Chaifetz are among the bidders for the National Basketball Association’s Atlanta Hawks, according to two people with direct knowledge of the matter.
Some of the bids were for about $900 million, the people said, declining to be specific.
The people requested anonymity because the bidding isn’t public. The team, which is on the market after lead owner Bruce Levenson disclosed a racially insensitive e-mail, retained Goldman Sachs Group Inc. and Inner Circle Sports to run the sale.
