Red Bull to buy soccer team for $30 million

03/9/2006 | Denver Post, The

Los Angeles-based Anschutz Entertainment Group is finalizing a deal to sell the New Jersey-based Major League soccer team MetroStars to Red Bull, the Austria-based energy-drink manufacturer, for at least $30 million. The move would help diversify the league's ownership ranks by reducing Anschutz's soccer holdings to four teams, experts said.

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