A publicly traded company called Sports Properties Acquisition Corp. and a group that includes Broadway theater owner Rocco Landesman are reviewing the team's financial records provided by Cubs owner Tribune Co., sources said Friday.
They are among a handful of potential bidders that had to be preapproved by Major League Baseball before receiving the financial data. The others include a group led by John Canning, chairman of Chicago-based Madison Dearborn Partners LLC; Dallas Mavericks owner Mark Cuban; the partnership of attorney Thomas Mandler and businessman Jim Anixter; and the Ricketts family of Omaha.
Sports Properties presents one of the more unusual ownership opportunities. It has no operations but is sitting on $216 million that it raised in January in an initial public offering. Its stock trades under the ticker symbol HMR.
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