YANKEES FOR SALE
CV.Z Press Assn.—Copyright/ LONDON
Mr Jerome Hoffman, president of a London investment company, confirmed yesterday that he Is going to try to buy the New York Yankees baseball team. Associated Press reported. “We also want the real estate of the Yankee Stadium.” he said.
Mr Hoffman said he was leaving for New York to meet the former Mayor (Mr Robert Wagner) before completing details of the offer being made to the Columbia Broadcasting System, which owns the baseball team.
Mr Hoffman is president of International Investors Group Service, Ltd, which sells mutual funds. Mr Wagner is chairman of the board.
C.ILS. bought tiie Yankees in 1964 for sl4m. There have been reports that the network would be willing to sell the team.
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Bibliographic details
Press, Volume CX, Issue 32321, 12 June 1970, Page 13
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125YANKEES FOR SALE Press, Volume CX, Issue 32321, 12 June 1970, Page 13
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