Los Angeles Dodgers' Statement on the Sales Process

LOS ANGELES, Jan. 27, 2012 /PRNewswire/ -- The Los Angeles Dodgers today confirmed the round of preliminary bidding has been completed successfully. The preliminary round of bidding has underscored the robust nature of the sales process, the significant purchase opportunity which the Dodgers represent, and the enormous value that the sale of the Dodgers, including their media assets, will generate. Each of the preliminary bids has been reviewed carefully by the Dodgers and its financial advisor Blackstone. Blackstone is notifying all of the bidders as to which ones will and which ones will not advance in the sales process.

Contact: Robert Siegfried/Lyndsey Estin/Stef Goodsell, Kekst and Company, 212-521-4800

SOURCE Los Angeles Dodgers