Minority Stake In Chargers For Sale
Nov 26, 2014 4:51 AM
Chargers owner Alex Spanos is looking to sell a minority stake to help with estate planning.
The 87-year-old Spanos and his wife, Faye, own 36 percent of the team. Their four children each own 15 percent. Two minority owners own the other 4 percent.
"To be clear, this is a sale of a minority stake only; the Spanos family will continue to hold a controlling majority stake in the team under all circumstances," attorney Mark Fabiani said.
ESPN
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