Dossier
Oakland Acquisition Company
Coverage of Oakland Acquisition Company in the Nexus archive.
Oaklandplace1Oakland city leadersorganization1Coliseum complexplace1Alameda County Board of Supervisorsorganization1Oakland Coliseumplace1African American Sports and Entertainment Grouporganization1Ray Bobbittperson1Elisa Marquezperson1David Haubertperson1Communities for a Better Environmentorganization1Surplus Lands Acttopic1Oakland Arenaplace1
- Oakland city leaders to vote on Coliseum complex sale
Oakland city leaders are set to vote on a potential sale of the city's 50% share in the Coliseum complex to the Oakland Acquisition Company for $110 million, with an additional $15 million contingent on building permits being secured.
- Alameda County supervisors approve new term sheet for sale of Coliseum property
Alameda County supervisors approved a non-binding term sheet for the sale of the Oakland Coliseum property to the Oakland Acquisition Company (OAC), an affiliate of the African American Sports and Entertainment Group. Key terms include a $115 million buy-sell agreement for half the site, environmental indemnification exemptions, and a June 30 closing deadline, though negotiations over environmental provisions remain ongoing.