March 30, 2010
Old Times Were Good Times
Hicks borrows big for 'flexibility': Funds could go to Rangers, Stars or stadiums.
If Texas Rangers owner Tom Hicks were on the mound, the crowd would clearly see that he's winding up for something big.
In June, when interest rates dipped, he added $75 million in loans in addition to the $325 million he borrowed in December "for future flexibility, for whatever might come our way down the road," Hicks said.
Posted by Lucas at March 30, 2010 01:02 AM