Rep: Bucks Sale ‘Active’, ‘Ongoing Process’

Steve Greenberg of Allen & Co., the New York-based firm that former senator and Milwaukee Bucks owner Herb Kohl retained to bring in new team investors, said Saturday the process is ongoing and added that reports Saturday of a possible sale were premature.

“There is a lot of speculation out there,” Greenberg told the Journal Sentinel. “There is an active and ongoing process with respect to the Bucks. But we are not going to comment on speculation.”

Greenberg, who is representing Kohl in the sale process, said it was “premature to make any sort of announcement of a possible sale. We do not intend on saying anything publicly.”