Major league baseball owners unanimously approve the November transaction in which Bob Castellini and two other Cincinnati businessmen bought control of the Reds from previous owner Carl Lindner. It is reported the trio, which includes investors Thomas Williams and William Williams Jr., acquired approximately 70 percent ownership of baseball’s oldest franchise, believed to be valued at an estimated $270 million.
On January 19, 2006 — Major league baseball owners unanimously approve the November transaction in which Bob Castellini and two other Cincinnati businessmen bought control of the Reds from previous owner Carl Lindner. It is reported the trio, which includes investors Thomas Williams and William Williams Jr., acquired approximately 70 percent ownership of baseball’s oldest franchise, believed to be valued at an estimated $270 million.
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