Buffalo Bills owner Terry Pegula explores selling non
ORCHARD PARK, N.Y. (AP) — Buffalo Bills owners Terry and Kim Pegula are exploring the possibility of selling a non-controlling, minority interest in the franchise, the team announced on Friday.
A person with knowledge of the decision told The Associated Press the stake in the team the Pegulas would be preparing to sell would be about 25%. The person spoke on condition of anonymity because that detail was not announced by the team. It was first reported by The Athletic.
The Bills announced the Pegulas have hired Allen & Company to oversee the process, while stressing no sale would take place without the Pegulas maintaining a controlling interest in the franchise.
The Bills also announced the sale is limited only to the Bills, and not any of the Pegulas’ other holdings, which include the NHL Buffalo Sabres, the American Hockey League Rochester Americans and National Lacrosse League franchises in Buffalo and Rochester.
Related articles
Google is combining its Android software and Pixel hardware divisions to more broadly integrate AI
SAN FRANCISCO (AP) — Google will combine the software division responsible for Android mobile softwa2024-04-20Scientists reveal the surest way to stop feeling angry in stressful situations
Going for a run, taking a few deep breaths or even screaming into a pillow are tried and tested stra2024-04-20California is poised for major earthquake THIS YEAR
California could be months ways from having a major 6-magnitude earthquake - which would be one of t2024-04-20Britain's 'drone superhighway' will be completed this SUMMER: 165
While a drone superhighway might sound better suited to a science-fiction blockbuster than the Midla2024-04-20- The mother of a nine-month-old baby daughter who died after allegedly being strapped face-down to a2024-04-20
Forget what you saw in Sex and the City! Most singletons are actually introverts, study finds
It's often regarded as the ultimate depiction of single life.But a new study suggests that Sex and t2024-04-20
atest comment