Pegula family exploring sale of ‘non-controlling’ interest in Buffalo Bills

WIVB News 4— The potential sale does not involve any other Pegula-owned team, according to the statement.

WGRZ—Pegula family looking to sell 'non-controlling, minority interest' of the Bills. "The Pegula family has retained Allen & Company to explore the potential sale of a non-controlling, minority interest in the Bills," a team spokesperson said.

Buffalo News—Bills owner Terry Pegula to explore sale of minority stake of team. “The Pegula family has retained Allen & Company to explore the potential sale of a non-controlling, minority interest in the Bills," the team said in a statement Friday afternoon.

Buffalo Rumblings—Terry Pegula exploring selling 25% minority-stake ownership in Buffalo Bills, per report. The Buffalo Bills are exploring a potential 25% minority shareholder’s stake in team ownership, per an article by Tim Graham with The Athletic, with the Bills confirming as much is true. With the news still in its infancy, there aren’t a lot of solid, reported details to share at this point. Per Graham’s article, co-owner Terry Pegula “has hired Florida-based investment bankers Allen & Company to handle the potential transactions but declined to say how much of the team is being sold.” Graham...