HSG Sports Group LLC

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Texas Rangers toss a changeup in auction plans

The Texas Rangers may be off the auction block, at least for now, after the baseball team withdrew its request to allow rival bidders to challenge a $575 million offer from a group of investors that include Hall of Fame pitcher Nolan Ryan.

The request was withdrawn after a chief restructuring officer appointed to represent the team’s owners said he no longer supports holding an auction. Get the full story »