Thursday, February 26, 2015
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AP Source: Trump advances in Bills sale process

By
From page B8 | August 01, 2014 |

BUFFALO, N.Y. — Donald Trump’s attorney has confirmed the real estate mogul has been chosen to advance to the next round of bidding to purchase the Buffalo Bills.

A person close to the process confirmed Buffalo Sabres owners Terry and Kim Pegula also have been selected by Morgan Stanley, a firm overseeing the sale for late owner Ralph Wilson’s estate. The person spoke on the condition of anonymity because the sale process is supposed to be private.

The selections were made Thursday, two days after prospective groups submitted non-binding bids.

A Toronto group that includes rocker Jon Bon Jovi was expected to submit a bid. It’s not known if that group has been selected to advance.

The next step is for finalists to obtain financial information before submitting a formal bid.

 

The Associated Press

The Associated Press

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