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The Honolulu Advertiser
Posted on: Saturday, April 3, 2010

MLB: Greenberg says Texas Rangers sale close to finished

Associated Press

FRISCO, Texas The sale of the Texas Rangers could be completed by time the team plays its second homestand of the season in late April.

Pittsburgh sports attorney Chuck Greenberg, who is heading the investment group buying the team, anticipates the complex deal to be completed the week of April 19. While saying that isn't a guarantee, Greenberg said Saturday that all the "different elements" that need to be accomplished were lining up to be done by then.

Greenberg's group, which includes Rangers president Nolan Ryan, had hoped to have the deal completed before the home opener Monday.

But the transfer of ownership from Tom Hicks to the Greenberg group has been complicated by the significant debt owed by Hicks' financially strapped Hicks Sports Group.