The St. Louis Cardinals announced today that, pending full approval from the Pacific Coast League, they have reached an agreement to sell a majority interest in the team's Triple-A Affiliate Memphis Redbirds to Peter B. Freund, the Principal Owner of Trinity Baseball Holdings. The agreement calls for the parties to close the transaction by April 1, 2016.
St. Louis Official Site
Less than two years after taking ownership of their Class AAA affiliate, the Cardinals are selling controlling interest of the Memphis Redbirds to Peter B. Freund, the principal owner of Trinity Baseball Holdings.
Cardinal Beat
The St. Louis Cardinals have reached an agreement to sell a majority interest in the team's Triple A affiliate Memphis Redbirds to Peter B. Freund, the principal owner of Trinity Baseball Holdings.
Fox Sports Midwest
The St. Louis Cardinals sold a majority interest in their Triple-A affiliate, the Memphis Redbirds, to New York businessman Peter B. Freund in a deal that was announced Monday by the Cardinals. The transaction requires Pacific Coast League approval, which could come early next month according to Redbirds officials.
Memphis Commercial Appeal
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