Ford Motor Credit Company buys full control of the Astros by purchasing remaining shares from General Electric Credit Company. They intend to look for a new buyer, while rumors swirl that the franchise may be moved out of Houston. 

On November 22 , 1978 — Ford Motor Credit Company buys full control of the Astros by purchasing the remaining shares from General Electric Credit Company. They intend to look for a new buyer, while rumors swirl that the franchise may be moved out of Houston.

 

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