Representatives For Gores Meet With Pistons

Discussion in 'Detroit Pistons' started by truebluefan, Aug 19, 2010.

  1. truebluefan

    truebluefan Administrator Staff Member Administrator

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    A group representing California businessman Tom Gores, a Michigan native, met Wednesday with Palace Sports & Entertainment officials, according to sources.

    It was the group's second meeting with PS&E officials, which appears to make Gores a serious candidate to purchase the team.

    Forbes recently valued the team and it's brand at $479 million.

    One person close to the situation, however, cautioned that Gores isn't necessarily the frontrunner to purchase the team.

    http://www.freep.com/article/201008...es-reps-meet-with-Pistons-about-possible-sale
     

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