The Cubs file for Chapter 11 bankruptcy protection in Wilmington, Delaware. The anticipated short-term move will allow the club’s owner, the Tribune Company, to sell the team in an $845 million deal to the family of TD Ameritrade Holding Corp.’s founder, Joe Ricketts.
The Cubs file for Chapter 11 bankruptcy protection in Wilmington, Delaware. The anticipated short-term move will allow the club’s owner, the Tribune Company, to sell the team in an $845 million deal to the family of TD Ameritrade Holding Corp.’s founder, Joe Ricketts.