Davis resumes Griz bid

Discussion in 'Memphis Grizzlies' started by Memphology, Mar 12, 2007.

  1. Memphology

    Memphology BBW VIP

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    <div class='quotetop'>QUOTE </div><div class='quotemain'>Former Duke players Brian Davis and Christian Laettner have renewed their bid to purchase majority ownership of the Grizzlies, and the NBA is reviewing an updated application. They are attempting to buy majority owner Michael Heisley's 70-percent share of the franchise, a league source confirmed Friday -- a process that officially began last fall and appeared to fizzle in mid-January. But Davis and Laettner's investment group -- Grizzly Acquisitions Holdings -- provided the league with additional materials that suggest its application is now complete. That's a significant development given the NBA said it received only partial paperwork by the time Davis' exclusivity agreement with Heisley expired Jan. 15.</div>Im glad to see this, I hope they do buy the griz. They have expressed that they are going to keep the team in Memphis, as well as do stuff for the Memphis community.link
     

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