Kroenke loses to Magic in Dodgers sale

St. Louis Rams owner Stan Kroenke was one of the three final bids to be considered to purchase the Los Angeles Dodgers, but a group headed by former L.A. Lakers start Magic Johnson was awarded the team with a winning bid of $2 billion. It is the most an American...

Columbia billionaire takes over Arsenal

Stan Kroenke has agreed to buy increased shares of the Aresenal soccer club of the Premier League which would raise his ownership holdings from about 30% to 62%. The official announcement is expected to come later today. Kroenke and his family own the St. Louis Rams,...