Monday, May 20, 2013

Latest local news, weather and high school sports for Flint and the Tri-cities

Mid-Michigan native "preferred bidder" for the Pistons
Posted: 01.09.2011 at 10:01 PM
0
Picture courtesy: http://tomgores.com/
Photo

A mid-Michigan native is now the favorite in the bidding war for the Detroit Pistons. 

The Detroit Free Press reports the team has designated 1982 Genesee High graduate Tom Gores as the preferred bidder to buy the team. 

The Free Press says he has an exclusive 30-day period to finalize a purchase deal. 

The self-made billionaire currently lives in California where he owns The Platinum Equity Group. 

The Pistons had been negotiating a deal with Detroit Tigers and Red Wings owner Mike Ilitch, but the sale never came to be.

Popular Stories
Thumbnail
Man killed in Saginaw Township motorcycle crash
Brittany Shannon  |  Yesterday at 10:04 PM  |  1 comment
Thumbnail
Accident claims life of Swartz Creek teen
Brittany Shannon  |  Saturday, May 18, 2013  |  1 comment
Follow miNBC News
Get news and weather notifications on your phone by downloading the iPhone or Android app below
Sign up to get alerts and updates for breaking news, severe weather, and deals:
submit
ADVERTISEMENT
Special Features
Buy a DVD
Order a copy of a recent NBC25 News broadcast.
minbcdeals.com
Save 50% or more on great local deals.
Download our smartphone app!
News, weather, deals and more on your phone!
Junction Valley Railroad News & Savings
Get deals & events right in your email!
ADVERTISEMENT