FanPost

Crane submits new offer to buy Rangers

Per TR:

http://mlb.mlb.com/news/article.jsp?ymd=20091211&content_id=7799420&vkey=news_tex&fext=.jsp&c_id=tex&partnerId=rss_tex

"ARLINGTON -- Houston businessman Jim Crane has re-entered the Rangers ownership picture.

Crane, who appeared to drop out of the running last month because he didn't seem likely to get approval from Major League Baseball, told club president Nolan Ryan on Thursday that he has submitted a new proposal to buy the Rangers.

Once again, Rangers owner Tom Hicks has three groups to choose from in deciding who ultimately buys the team. The group selected won't automatically get the team, but will enter into exclusive negotiating rights with Hicks to buy the team."

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