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12-15-2012, 10:33 AM
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Originally Posted by Thomas L View Post
There was once an attorney who posted on these boards who held that the sale and the execution of the lease could occur simultaneously.
I guess it depends on what is meant by "simultaneously". I'm sure they could be the team in the morning and sign the lease in the afternoon. In fact, Jamison should have been ready to go when the previous lease was approved. Instead, his "weeks not months" turned into "months not weeks" to secure investors, and in the meantime Glendale's budget woes became public and the whole situation imploded. He cost himself and his investors some money by failing to purchase the team in May/June.

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