Terrafirma selling PBA franchise

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The story "Terrafirma selling PBA franchise" was covered 17 hours ago by Business Mirror, a news publisher based in Philippines.

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Terrafirma selling PBA franchise - Business Mirror

Quick Summary:

TERRAFIRMA is set to end its stint in the Philippine Basketball Association (PBA) after 11 years as it sells its franchise to Starhorse Shipping Lines Inc.

But once they passed all the requirements, we will immediately make a statement,” Rosales added.

Prior to this, PBA-appointed auditors must evaluate if the new owner has the financial capability to maintain a ballclub for a long time.