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Technology Stocks : Blank Check IPOs (SPACS)

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To: jrhana who wrote (2033)5/2/2009 10:16:51 AM
From: Glenn Petersen  Read Replies (1) of 3862
 
It could be that the real estate is the key to the deal. If the deal is signed, it will be interesting to see how the HMR shareholders react. When HMR was looking to buy a piece of the Cubs, I was very doubtful that Major League Baseball would approve a transaction that was dependent upon getting the approval from a hedge fund dominated shareholder base.

Hockey has always enjoyed a big fan base in Chicago. Now that the skin-flint Bill Wirtz has died, there has been a huge resurgence in their prospects and popularity. I used to be a big Blackhawks fan when I was in my teens and 20s. I've actually started watching more than the occasional game. It helps when there is an owner that is interested in winning as opposed to just milking a cash cow.

Hockey may be an acquired taste. You should go to a game. Is jai alai still popular in Florida?

Wayne Huizenga is a legend in the Chicago business community. I know a number of people who worked for him at Waste Management and I have never heard a disparaging word. Unfortunately, he applied his waste management industry mentality to the sports world and the fans got screwed.
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