Bill Veeck says that he will accept an offer of $2.475 million for his 80 percent of the St. Louis Browns stock

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On March 17, 1953 — Bill Veeck says that he will accept an offer of $2.475 million for his 80 percent of the St. Louis Browns stock. Baltimore Mayor Thomas D’Alesandro seeks a syndicate to buy Veeck out. The group will eventually purchase 206,250 shares at $12 per share.

 

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