And then there were two

AEG has sold the Chicago Fire, leaving the company with two MLS franchises, the L.A. Galaxy and the Houston Dynamo. During the startup phase of MLS, when the league comprised ten teams, AEG owned six clubs. Recently, AEG sold the operating rights to D.C. United for a reported $33 million.

The Fire's new owner is Andell Holdings, an LA-based private investment group. Its CEO is Andrew Hauptman, a producer whose next film is "Lions for Lambs," a political thriller starring Robert Redford, Meryl Streep and Tom Cruise (and directed by Redford). The company also has plans to produce (along with the NFL) a biopic about Vince Lombardi that will be based partly on the classic book "Instant Replay," by Jerry Kramer and Dick Schaap.

September 6, 2007 3:28 PM • Native Intelligence • Email the editor
 

© 2003-2014   •  About LA Observed  •  Contact the editor
LA Biz Observed
2:07 PM Sat | The funeral for Mark Lacter will be held Sunday, Nov. 24 at 12 noon at Hillside Memorial Park, 6001 W. Centinela Avenue, Los Angeles 90045. Reception to follow.
Business Guides for Companies – Effective business articles that will improve your business.
Jenny Burman
Before I lived in Echo Park, there was a tiny 1920s bungalow-cottage-standalone house on N. Occidental in Silver Lake. I...
Here in Malibu
I don't know why it's taking me so long to choose the new platform for this blog. Well, that's not...