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re: Spinosa Debt Refinanced = Saban to UT?
Posted on 12/12/13 at 8:08 am to tritiger
Posted on 12/12/13 at 8:08 am to tritiger
quote:
What's at issue is Spinosa's bankruptcy for Perkins Rowe puts Saban in a perilous position in their land deal in Houston, where CNS is personally liable for the $25MM debt. Saban's financial involvement in Perkins Rowe is a negligible issue. The Houston debt is the nuclear bomb that needs to be diffused.
I was not familiar with this!? Although it offers more support of Spinosa and Saban being involved together in several underperforming investments. I was replying to GeeOh's question about Perkins Rowe in my post.
Care to elaborate on the Houston deal?
1
Posted on 12/12/13 at 8:11 am to bamaswallows
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