Someone at TheStreet.com has been spending too much time watching Disney’s Angels In The Outfield. A brief item this morning stated
Roy Disney, nephew of the late Walt Disney, would own the team as a private investment. The deal would not be affiliated with Walt Disney Co., which owned the Angels until 2003. The family has partnered with Stanley Gold, the man who runs the family’s investment firm, to lead the bid for the team. Gold, who is the chairman of Burbank, California’s Shamrock Holdings and joined Roy Disney in pushing out Disney CEO Michael Eisner in 2004, is said to be in talks with potential investors.
Mostly true- except that Roy Disney died on December 17, 2009. Gold, his long time adviser, continues to manage Shamrock Holdings, the late Disney’s family investment vehicle. If the bid is successful, maybe they’ll leave a seat for Roy in the Owner’s box.
Disclosure: The author owns shares in DIS
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