And now:Ish <[EMAIL PROTECTED]> writes:

Date: Wed, 07 Apr 1999 14:47:42 -0400
From: Robert Eurich <[EMAIL PROTECTED]>


This news is rather regrettable as I felt that there was a chance Milstein
would have changed the name.  Regardless, it is apparent that the team is in
serious trouble now as the negotiations have hampered all normal
operations.  Coupled with the trademark decision, I'd say they have their
work cut out for them.

http://www.washingtonpost.com/wp-srv/sports/redskins/daily/april99/08/skinsb
id8.htm

Milstein Group Withdraws Bid for Redskins

>From News Services
Wednesday, April 7, 1999; 2:31 p.m. EDT

ATLANTA � Howard Milstein withdrew his $800 million bid to buy the
Washington Redskins Wednesday when it became apparent his group lacked
support from NFL owners.

The league's finance committee failed to recommend approval of the sale,
voting 3-3 with one abstention after a 4�-hour meeting.

Milstein, a New York real estate developer and part-owner of the NHL's
Islanders, then addressed all the owners before announcing his withdrawal.

"In the end we complied with all the league's stated requirements and agreed
to all of the league's additional conditions," he said.

"But we recognize that a protracted, contentious dispute over ownership
would cripple the Redskins and harm the community at a time when the team
must focus on rebuilding for the future."

Robert Eurich wrote:

> From: Robert Eurich <[EMAIL PROTECTED]>
>
> The Milstein group, who made the winning $800 million dollar bid for the
> Washington Reds****,  have withdrawn their offer.  This story is just
> breaking now.  More news to follow as it becomes available.
>
> Robert
>
> --
> American Indian Sports Team Mascots
> http://www.geocities.com/~earnestman/1indexpage.htm
>
> "Little drops of rain wear away the greatest of stones."
>
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