05/27/2009

The Daily Deal

by: Demitri Diakantonis

(excerpt)

The National Basketball Associations's Charlotte Bobcats have hired [GSP Securities LLC] to explore a sale of the team.

Salvatore Galatioto, the advisory firm's founder, said the process is in its early stages but that the team has already received a "fair amount of interest." He would not say how many books were sent out or who were the targets...

...Galatioto Sports is also advising Tom Ricketts on his pending deal for the Chicago Cubs baseball team...