Multiple sources have told the Observer that a steel and mining industry executive has surfaced as the latest potential bidder for the Carolina Panthers.
Alan Kestenbaum is the chairman and CEO of the private equity firm Bedrock Industries LP, which in June bought a 107-year-old Canadian steel company now called Stelco Holdings.
The sources spoke with the Observer spoke on the condition of anonymity because the bidding process is confidential. Kestenbaum could not be reached for comment.
Kestenbaum becomes the latest potential bidder to emerge since Panthers owner Jerry Richardson disclosed plans in December to sell the franchise he brought to the Carolinas in the mid 1990s.