Most interesting story about Lance I read today: Armstrong says that in 2005 he and about a dozen of his team's backers discussed buying the Tour while meeting in a private room at Spago restaurant in Palo Alto, Calif. He says he raised the subject again in March 2010 in Murcia, Spain, with Arnaud Lagardere, chief executive officer of the media company Lagardere SCA, which owns 25 percent of Editions. Armstrong says the talks went nowhere because of the cost of a controlling stake in Editions, which he estimated at up to $1 billion. "It would need a big number for the Amaury family to be interested in selling," Armstrong says. Armstrong says that in 2005 he and about a dozen of his team's backers discussed buying the Tour while meeting in a private room at Spago restaurant in Palo Alto, Calif. He says he raised the subject again in March 2010 in Murcia, Spain, with Arnaud Lagardere, chief executive officer of the media company Lagardere SCA, which owns 25 percent of Editions. Armstrong says the talks went nowhere because of the cost of a controlling stake in Editions, which he estimated at up to $1 billion. "It would need a big number for the Amaury family to be interested in selling," Armstrong says.
