Posts Tagged ‘Stanley Druckenmiller’

Druckenmiller Pulls Bid to Buy Steelers

The Steelers being owned by the Rooney family took a large step forward on Thursday, as billionaire suitor Stanley Druckenmiller withdrew his offer to buy a majority stake of the franchise. “Based on recent developments, it has become clear that the Rooneys need substantial additional time to assess their options,” Druckenmiller said in a statement. [...]

Looks Like Steelers Reorganization to Take Some Time

From Johns Clayton’s ESPN blog earlier today: It’s going to be extremely hard for the Steelers’ ownership reorganization to be wrapped up in a month even though there is a good chance Pittsburgh billionaire Stanley Druckenmiller will buy into the franchise. Druckenmiller is the lone outside bidder so he holds the cards. Still, the problem [...]