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Pistons Still Up For Sale As Tom Gores Leaves Detroit
Friday, February 11, 2011 - 6:05pm | 222Read More...While many were anticipating a major announcement this week regarding the sale of the Detroit Pistons, it seems as if we are still going to have to wait for an answer. Tom Gores is back in Los Angeles this weekend, reportedly for a commitment with his kids. According to the Detroit Free Press,...
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Mike Illitch Purchases The Detroit Pistons
Tuesday, October 5, 2010 - 10:55am | 268Read More...Mike Illitch, owner of the Detroit Red Wings and Detroit Tigers has just purchased the Detroit Pistons from owner Karen Davidson. Mike Illitch is known for his Little Caesar's pizza empire which he started in 1959. He has expressed interest in the Detroit Pistons for the past few months as owner...
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Selling the Pistons Will Be No Easy Task
Monday, July 26, 2010 - 2:25pm | 176Read More...The Detroit News is reporting that Karen Davidson would like to sell the Detroit Pistons by the beginning of the 2010-2011 seasons, but that it will not be easy. Several trends in business and sports markets currently suggest that it could take in excess of a year to find new owners for the Pistons...
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Citigroup Retained To Assess Value Of Pistons
Monday, April 12, 2010 - 3:12pm | 196Read More...According to the Free Press, New York-based Citigroup (NYSE: C) has been retained to assess the value of the Pistons. The site has quoted sources close to the situation as saying that C, which is currently going over the books, may finally place the franchise for sale. The source, which wished to...
