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Article: Kroenke edges closer to Arsenal takeover.(Sports)
- Article from:
- The Mercury (South Africa)
- Article date:
- November 6, 2009
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LONDON: American sports mogul Stan Kroenke raised his stake in Arsenal to 29.9 percent yesterday, the threshold beyond which he will have to make an offer for the remaining shares.
Kroenke, the club's largest shareholder, bought another 200 shares in the club at a price of �8 500 (R107 373) per share, Arsenal Holdings PLC said.
Arsenal said 100 ...