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Article: MAJOR LEAGUE BASEBALL AUTHORIZES PITTSBURGH PIRATES TO ENTER INTO PRE-CLOSING ESCROW AGREEMENT WITH KEVIN MCCLATCHY
- Article from:
- PR Newswire
- Article date:
- November 8, 1995
CopyrightCOPYRIGHT 1995 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PITTSBURGH, Nov. 7 /PRNewswire/ -- Pittsburgh Pirates Acquisition Inc., through President and CEO Kevin McClatchy, announced today that the Major League Baseball Ownership Committee has authorized the Pittsburgh Pirates to enter into a pre-closing escrow agreement with Kevin McClatchy.
The McClatchy group will be delivering its $3 million deposit to the Pirate owners on Tuesday.
According to McClatchy, "This is a very significant step forward towards our goal of ...