Checketts, Limbaugh in bid to purchase Rams

From The Associated Press:

ST. LOUIS -- Conservative radio talk show host Rush Limbaugh said Tuesday he is teaming up with St. Louis Blues owner Dave Checketts in a bid to purchase the St. Louis Rams.

Limbaugh declined to discuss details. He cited a confidentiality agreement with Goldman Sachs, the investment firm hired by the family of former Rams owner Georgia Frontiere to review assets of her estate. Frontiere died in January 2008.

Limbaugh also declined to discuss other partners that might be involved in the bid, but said he and Checketts would operate the team.

Forbes magazine has estimated the Rams franchise has a value of $929 million.

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