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Bill Shea
and
Robert Snell
- A complex series of financial moves by Mike Ilitch last year included a previously unreported refinancing of Comerica Park and culminated in the pizza mogul tapping his portfolio of assets to financially backstop the new Detroit Red Wings hockey arena, Crain's Detroit Business has learned.Public records and interviews illustrate how Ilitch, 86, pledged pieces of his family's $5.5 billion empire to build the hockey arena and capitalized on the soaring value of the Detroit Tigers, his other
Clik here to view.
Bill Shea
and
Robert Snell
- A complex series of financial moves by Mike Ilitch last year included a previously unreported refinancing of Comerica Park and culminated in the pizza mogul tapping his portfolio of assets to financially backstop the new Detroit Red Wings hockey arena, Crain's Detroit Business has learned.Public records and interviews illustrate how Ilitch, 86, pledged pieces of his family's $5.5 billion empire to build the hockey arena and capitalized on the soaring value of the Detroit Tigers, his other
