Peter O'Malley Drops out of Bidding for Dodgers

From on February 21, 2012

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Bill Shaikin of the Los Angeles Times reports that Peter O’Malley has withdrawn his bid to reacquire the Dodgers. O’Malley, whose family owned the franchise for 47 years until selling to NewsCorp in 1998, was partially backed by South Korean conglomerate E-Land.

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