Atlanta Falcons Owner Arthur Blank Working To Buy Braves

By TIM TUCKER and STEVE WYCHE
The Atlanta Journal-Constitution
Published on: 02/15/06
Arthur Blank continues to pursue a purchase of the Braves.

Blank's representatives have had a series of meetings and discussions with Time Warner about the baseball team, the most recent on Tuesday, several people familiar with the situation told The Atlanta Journal-Constitution.

Blank has been informed of Time Warner's asking price for the team — believed to be slightly upward of $400 million — and talks with him are more advanced than with any other prospective purchaser, sources said. He has not agreed to the asking price or yet made a counteroffer, they said