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Old 03-29-2012, 12:31 PM   #1
insidehoops
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Default Grizzlies won't be sold to Larry Ellison

Memphis Commercial Appeal:

Grizzlies owner Michael Heisley reiterated today his doubt that the franchise will be sold anytime soon.

How can Heisley be so sure?

He’s instructed his attorney, Stan Meadows, to stop negotiating with Oracle founder Larry Ellison because of Ellison’s repeated overtures about relocating the team.

“We’re not even considering Ellison,” Heisley said. “This team cannot be moved.”

Ellison recently signed a confidentiality agreement with Heisley and began an exploratory process to buy the Grizzlies. It was at least the third time Ellison inquired about the team over the past several years.
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Old 03-30-2012, 05:45 AM   #2
MJ(Mean John)
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Default Re: Grizzlies won't be sold to Larry Ellison

Quote:
Originally Posted by insidehoops
Memphis Commercial Appeal:

Grizzlies owner Michael Heisley reiterated today his doubt that the franchise will be sold anytime soon.

How can Heisley be so sure?

He’s instructed his attorney, Stan Meadows, to stop negotiating with Oracle founder Larry Ellison because of Ellison’s repeated overtures about relocating the team.

“We’re not even considering Ellison,” Heisley said. “This team cannot be moved.”

Ellison recently signed a confidentiality agreement with Heisley and began an exploratory process to buy the Grizzlies. It was at least the third time Ellison inquired about the team over the past several years.


ISH. Why do you post these boring ass threads?

AND DON'T DELETE MY POST, you seem to have a problem deleting my posts. Stop that man. It's annoying. I don't delete your posts. Be a man.
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