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Forbes: Three Bids for Bills So Far

Buffalo, NY (WBEN) There are new figures for the initial bids for the Buffalo Bills. Forbes magazine reports they're well below $1 billion.

The magazine quotes sources not directly involved in the sale, who say the leading bidder right now is Sabres owner Terry Pegula, with a bid of $890 million, the Toronto group led by Jon Bon Jovi at $820 million, and Donald Trump at $800 million.

Forbes yesterday estimated the value of the Bills at $935 million, so it's possible Morgan Stanley will be looking for more potential buyers to raise the final selling price. Final bids are expected shortly after Labor Day.

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Topics : Business_Finance
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Locations : BuffaloToronto
People : Donald TrumpJon Bon JoviTerry Pegula
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