Shareholders allege executive improperly reduced their equity to 'a mere shell'
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Stu Sternberg (center), principal owner of Major League Baseball's Tampa Bay Rays. (Photo by Brian Blanco/Getty Images)
Shareholders allege executive improperly reduced their equity to 'a mere shell'
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The Tampa Bay Rays Major League Baseball franchise has reached an agreement with the city of St Petersburg that will allow the team to seek potential new stadium sites in the Tampa Bay area.