Tuesday, February 26, 2008

L.A. Firms to get share of Houston Dynamos

Two Los Angeles firms anxious to focus on business opportunities in the Hispanic market have agreed to purchase 50 percent of the Houston Dynamo Major League Soccer team from its parent company, Anschutz Entertainment Group.

Sources close to the deal confirmed Monday that private equity firm Brener International Group LLC and Golden Boy Promotions Inc., headed by professional boxer Oscar De La Hoya, will each pick up 25 percent of the team.

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