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Canning considered favorite to land Cubs

Originally Published: September 21, 2007
By John Helyar | ESPN.com

On the field, the Chicago Cubs are in a hot race for the National League Central Division title. In the boardroom, it's quite the opposite. The contest to buy the Cubs seems all but over, even before it's officially started.

Chicago-based private-equity mogul John Canning Jr. is the prohibitive favorite. It's not just that he's put together a group of local establishment tycoons that readily can amass the $1 billion it might take to buy the franchise, Wrigley Field and 25 percent ...

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