iOS app Android app More

Alec Gores Dodgers Purchase: Billionaire Said To Be Preparing Bid

Alec Gores

First Posted: 01/24/11 06:05 PM ET Updated: 05/25/11 07:25 PM ET

Bloomberg:

Billionaire Alec Gores is preparing a bid for the Los Angeles Dodgers in the event the current owners' divorce forces them to seek a buyer, according to a person with knowledge of the plans.

Gores, who made his fortune in leveraged buyouts, may try to purchase the Major League Baseball team with his brother, Tom Gores, also a billionaire, or join an investment group, said the person, who sought anonymity because the plans aren't public. Details of a possible offer weren't available.

Read the whole story: Bloomberg

FOLLOW HUFFPOST LOS ANGELES

Filed by Billy Silverman  |