VILLAUME COMPANIES

Three days later Mr. Villaume introduced Glen Taylor to Mr. Wolfenson, Mr. Ratner, and Mr. Kanter, in the Northwest Racquet Club office. The meeting was fruitful and the principles agreed to a deal and shook hands... Before the end of the second week (from when Mr. Villaume created his plan), a press conference was called to announce the sale/purchase of the Minnesota Timberwolves for $88.5 million dollars by a group of investors who vowed to keep the team in Minnesota.