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L.A. financier Tom Gores reaches deal to buy Detroit Pistons

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L.A. financier Tom Gores reaches deal to buy Detroit Pistons Empty L.A. financier Tom Gores reaches deal to buy Detroit Pistons

Post  Admin Fri Feb 11, 2011 12:27 am

L.A. financier Tom Gores reaches deal to buy Detroit Pistons Bilde?Site=C4&Date=20110210&Category=COL06&ArtNo=110210071&Ref=V2&MaxW=300&Border=0

According to the Detroit Free Press, Los Angeles financier Tom Gores, a Flint native & Michigan State graduate, has struck a tentative deal to buy the Pistons from primary owner Karen Davidson, a person familiar with the situation told the Free Press. The agreement is valued at $420 million, and if it goes through, the basketball team would remain at the Palace in Auburn Hills.

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