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Posted: 11:59 AM Aug 11, 2010
Pistons Attract Potential Buyers
Company says it is pleased with level of interest.
Reporter: Associated Press |
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The company that runs the Detroit Pistons says there has been serious interest from multiple potential buyers in the NBA team and its related Detroit-area entertainment venues.
Palace Sports and Entertainment says in a statement Wednesday that it is "pleased at the level" of interest.
The statement comes two days after Mike Ilitch, the Little Caesars pizza mogul who already owns the Detroit Tigers and Detroit Red Wings, announced that he was officially interested in buying the Pistons.
Pistons owner Karen Davidson has said she's considering a sale of the team by itself or as part of a package with Palace Sports and Entertainment, which includes The Palace of Auburn Hills, DTE Energy Music Theatre and Meadow Brook Music Festival.
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