MIAMI (AP) — A group led by former Florida Gov. Jeb Bush and Quogue Capital investment fund founder Wayne Rothbaum has halted its bid to buy the Miami Marlins, a person familiar with the negotiations said Wednesday.
The person confirmed the decision to The Associated Press on condition of anonymity because the groups that have been involved in negotiations aren’t commenting publicly. Massachusetts businessman Tagg Romney was part of the Bush-Rothbaum group before pulling out more than a month ago, the person said.
The latest twists in the Marlins sale saga leave groups led by former New York Yankees shortstop Derek Jeter and by South Florida businessman Jorge Mas still in contention to buy the franchise.