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It's Official: Cubs Owned By Ricketts Family

As posted on earlier this morning:

The Ricketts family are officially the new owners of the Chicago Cubs.

The family closed a transaction Tuesday morning to take control of the team, Wrigley Field and other assets in a deal valued at $845 million.

The family will hold a news conference Friday at the ballpark.

Discuss, etc. Also see kaseyi's FanPost.