Start United States USA — Financial Titans' ownership staying in Adams family

Titans' ownership staying in Adams family

257
0
TEILEN

Ownership of the Tennessee Titans is remaining with the Adams family with Susie Adams Smith agreeing to sell her share of the team to the …
Ownership of the Tennessee Titans is remaining with the Adams family with Susie Adams Smith agreeing to sell her share of the team to the family-controlled KSA Industries Inc. Amy Adams Strunk will hold a 50% share with the other 50% held by Kenneth Adams IV, Barclay Adams and Susan Lewis. Those three will continue as owners of the Titans with Adams Strunk continuing as controlling owner in a sale expected to be completed by the end of this year. Financial details of the sale were not available. The sale requires league approval and is expected to be on the agenda of Wednesday’s NFL owners meeting. “The Titans franchise has meant so much to me and my family over the 61 years of its existence,” Adams Strunk said in a statement to The Associated Press.

Continue reading...