Kohl seeking ownership partners
- Associated Press
- December 16, 2013 - 1:20 PM
MILWAUKEE — Milwaukee Bucks owner Herb Kohl says he's looking for new investment partners committed to keeping the team in the city.
Kohl says he's hired Steven Greenberg, of Allen & Co., in New York, to advise him on the search for new ownership partners. The former U.S. senator says he's owned the team for 29 years and adding to ownership will provide more stability for the future.
Kohl says in a statement that any new partners would need to be as committed to keeping the team in Milwaukee. The 78-year-old Kohl says he doesn't have a number of potential investors in mind.
Kohl has scheduled a Monday afternoon news conference to discuss his search.
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