Last month in an 'Interesting Times' post VFTD passed along the rumor that JT Sports set to close by Feb. 1, 2010, in part, because a negotiation to sell (merge) (partner) (euphemism of choice) had fallen through. This was met by denials, assorted threatening phone calls, a guilt trip and a partridge in a pear tree. Within a few days the quasi-official word received from JT headquarters by the diligent investigative reporters at Ballers Cafe claimed JT Sports on the block, er, looking for a partner.
Shortly thereafter the rumor mill was grinding out the possibility that KEE was interested in picking up JT Sports. Today Mr. C says that a press release on the acquisition of JT Sports by KEE is forthcoming, possibly tomorrow and certainly within a day or two. (As always take Mr. C's rumorology with a grain a salt as he obviously doesn't know what he's talking about half the time. /sarcasm)