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jimmybob

09/05/17 10:33 AM

#317383 RE: jimmybob #317382

Landry's owner to buy Houston Rockets for $2.2B, ESPN reports
The owner of the Houston Rockets, Leslie Alexander, has agreed to sell the team to billionaire restauranteur Tilman Fertitta, the owner of Landry's, for $2.2B, according to ESPN, citing an NBA source. Shares of Madison Square Garden, the holding company that owns the NBA's New York Knicks and NHL's New York Rangers, are up $9.21, or 4.4%, to $218.65 following the report regarding the Rockets agreement