Soros invests in group seeking to buy Nats

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Jun 02, 2005
WASHINGTON - Billionaire George Soros has joined one of the groups bidding for the Washington Nationals, the latest big name in a competition that has become as much about clout as money.


Soros and his Soros Fund Management have become partners in the Big Train Holdco Bid, led by Washington entrepreneur and former Washington Capitals part-owner Jon Ledecky.


"We have one of the greatest investors in history on board to validate our group's financial strength and ability to successfully manage this franchise," Ledecky said Wednesday. "We also have a concerned, caring and committed philanthropist interested in the well being of our city."

http://www.thestate.com/mld/thestate/11790988.htm


JOSEPH WHITE


Associated Press