05/21/2009 05:12 am ET Updated May 25, 2011

Chicago Cubs Buyer Ricketts Offering Stakes In The Team To Private Investors

Tom Ricketts is offering private investors a stake in the Chicago Cubs as he works to finance a $900-million acquisition of the team by his family.

Crain's has learned that Mr. Ricketts -- scion of the TD Ameritrade Inc. fortune -- is trying to raise $100 million or more through the sale of preferred stock to wealthy individuals.

Read more on Crain's Chicago Business