Kroenke Buys Into Arsenal

Summary


DENVER (AP) -- Colorado businessman Stan Kroenke bought a 9.99 percent stake in London's Arsenal team from the British television network ITV.

Kroenke, a real estate developer who owns the Denver Nuggets, the Colorado Avalanche and the Colorado Rapids of Major League Soccer, said Thursday that he also entered into "conditional arrangements" with ITV involving the sale of ITV's 50 percent share in Arsenal Broadband Limited.

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Kroenke Buys Into Arsenal

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