Hicks Agrees To Sell Rangers To Ryan Group

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Tom Hicks has agreed to sell the Rangers to a group that includes former pitcher Nolan Ryan, according to an Associated Press report.

The sides announced Saturday night that they had finally reached an agreement, eight days after a 30-day exclusive negotiating window expired. The group is headed by Pittsburgh sports attorney Chuck Greenberg.

The purchase price is expected to be more than $500 million.

Via AP

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