Thursday, January 15, 2009

Cardinals Call Off Plan To Purchase Memphis Redbirds

The Cardinals halted an attempt to expand their ownership empire of minor-league affiliates Wednesday by withdrawing their bid to purchase the Class AAA Memphis franchise. General manager John Mozeliak confirmed the plan was scrapped, citing concerns about the sinking economy.
STL Today

Triple-A Memphis was left to go back to the drawing board in finding a solution for its financial woes after the St. Louis Cardinals broke off negotiations to purchase their Pacific Coast League affiliate.
Baseball America

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