The Denver Nuggets, following the lead of...
The Denver Nuggets, following the lead of the Boston Celtics, will make a public offering of 2.2 million shares of stock to be traded on the American Stock Exchange, the Denver Post reported.
The story said the stock will be listed on the exchange as McNichols Entertainment Inc., and sell for about $10 per share. The Nuggets play their home games at McNichols Sports Arena.
The club’s majority owner, Sidney Shlenker, who paid $20 million for the club in May 1985, would not comment.
Get our high school sports newsletter
Prep Rally is devoted to the SoCal high school sports experience, bringing you scores, stories and a behind-the-scenes look at what makes prep sports so popular.
You may occasionally receive promotional content from the Los Angeles Times.
