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)
Thursday, January 28, 2010
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11 comments:
Yep, by Monday it will be official.
Thank GOD JT isn't dead....
Long live JT !
Glad to see KEE still have some money to throw about...
Money? I thought it was peanuts.
As part of the bailout package KEE was given reserve status and access to one of the federal printers..They practically print the stuff these days!
Wait so dynasty is sponsored by KEE and now KEE owns JT ... Ironic much? Will we see dynasty in JT swag again?
still havent heard anything about this other then here.... when should we expect something?
It was just about to be announced last week. I don't know what the delay is about. If Mr. C hears anything I'll post it up. Should still be soon.
my team is looking at a sponsorship with JT so we dont want to be caught out in the cold if this goes the other way and we have already signed up for the year
Nothing on the Kee Buy JT info?
My understanding is the deal is essentially done but there are a couple of contractual hold-ups in finalizing that have caused the delay in the announcement.
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