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Auction's over: Ryan and Greenberg win

Nolan Ryan and Chuck Greenberg are the new owners of the Texas Rangers, pending final approval of Major League Baseball.

Ryan learned that the Rangers Baseball Express had persevered when Mark Cuban, Jim Crane and their attorney, Clifton Jessup, stopped to shake hands and congratulate him in the hallway outside the courtroom.

The winning bid was $385 million in cash and almost $600 million overall.

Those in the courtroom broke into applause when Cuban-Crane's decision not to continue was announced.