Done deal: Oakland finalizes sale of Coliseum

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Done deal: Oakland finalizes sale of Coliseum
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Representatives of the ownership group that recently took over the Oakland Coliseum celebrated with city leaders on Tuesday at a press conference in the Coliseum's parking lot, hours ahead of one of the Oakland Athletics baseball team's final home games at the site.

Representatives of the ownership group that recently took over the Oakland Coliseum celebrated with city leaders on Tuesday at a press conference in the Coliseum's parking lot, hours ahead of one of the Oakland Athletics baseball team's final home games at the site.

City leaders, including Mayor Sheng Thao and City Councilmember Rebecca Kaplan, joined AASEG founder and managing member Ray Bobbitt at the Coliseum for Tuesday's press conference and said that the sale and development of the site would bring badly needed investment in the East Oakland community."This has been a journey," Bobbitt said. "It's been a team effort."He said both AASEG and city negotiators had been working around the clock to get the deal finalized.

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