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John Canning in the news

There was "breaking news" this morning that John Canning is stepping down as CEO at Madison Dearborn, "Chicago's largest private equity firm."

Story from today's online Tribune.

Since Canning has been mentioned as a likely candidate to purchase the Cubs, I wonder if this is any cause for believing that something is afoot.

This is a FanPost and does not necessarily reflect the views of SB Nation or Al Yellon, managing editor (unless it's a FanPost posted by Al). FanPost opinions are valued expressions of opinion by passionate and knowledgeable baseball fans.

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Canning...
... created Madison/Dearborn, it's his company. This IS big news, but I doubt it's related to any Cub news. There would be no reason for MLB to care if Canning ran his own investment business.
"That's my opinion and if you don't like it, well, I have others." ~ Groucho Marx

by Al on Nov 19, 2007 1:05 PM CST reply actions   0 recs

Canning
Not really that big of news - he set up his company for this to happen.  He still remains as Chairman.

I'm sure the timing also has to deal with his nomination to be chairman of the board to the Chicago Fed.

by NorthsideBlue on Nov 19, 2007 1:11 PM CST up reply actions   0 recs

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