McLane, Crane release joint statement
Astros owner Drayton McLane and Houston businessman Jim Crane released the following statement on Saturday:
We had many conversations and meetings working toward a deal for the Astros through October 2008. Jim offered a fair price, but we were unable to reach agreement on other terms.
While we were both disappointed at the time, we have since moved forward.
Jim appreciates and respects Drayton’s commitment to Major League Baseball, and wishes Drayton continued success with the Astros.
Jim has been a highly successful businessman in Houston for many years, and Drayton appreciates and respects Jim’s interest in Major League Baseball.
Drayton supports Jim in his continuing pursuit of a Major League franchise.
A full story in the Houston Chronicle regarding the joint statement can be found here.