OT Sacramento looking to finance new arena; UPD NBA rejects relocation to Seattle bid
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03-21-2013, 06:26 PM
Join Date: Mar 2002
Location: Auburn, Maine
Another investor being brought in to the Burkle/Mastrov/ SAC vs SEA battle: According to the latest from the Sacramento Bee: 55 yr Old Indian born Vivek Ranadive, founder of TIBCO Software, a 1 B a yr company based in Palo Alto, has been brought in, holdings approximately 318M, or 8% of said company, but also currently is Vice Chairman of the GS (SF) Warriors, a team that was targeted by Mark Mastrov as far back as 2010.
All this sets up a showdown and a decision by April 3rd, the interim decision on whether the Hansen PSA, gets approval in the final vote on April 18th or 19th.
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