Alex Meruelo
| Alex Meruelo | |
|---|---|
| Born | New York City |
Alex Meruelo (born 1962/1963 (age 54–55)[1]) is a Cuban-American businessman most widely known for his failed bid to become the majority owner of the Atlanta Hawks of the National Basketball Association.
Biography
Meruelo was born in New York City and moved to Los Angeles, California. He attended Don Bosco Technical Institute in Rosemead, CA and received his B.S. from California State University, Long Beach.[2]
Career
He began his career in his father's tuxedo business.[3] In 1985 he opened the first of what became the La Pizza Loca Southern California pizza chain.[1] He expanded his business focus, founding the Meruelo Group, which has grown into a construction and real estate development firm. Meruelo Group has ownership of Neal Electric Corp, Select Electric Inc and Doty Bros within the Southern California area. The group also owns a bank,[1] Los Angeles-based TV station KWHY-TV, a MundoMax affiliate,[4] Grand Sierra Resort,[1] and other businesses.[5]
The SLS Las Vegas in Las Vegas, NV, formerly the Sahara Hotel and Casino, was purchased by Meruelo Group in June 2017.
Due to financial problems, Meruelo's deal to buy the Atlanta Hawks fell through on November 4, 2011.
References
- 1 2 3 4 Tucker, Tim (2011-08-08). "L.A. businessman buying majority stake in Hawks". ajc.com. Retrieved 2012-03-01.
- ↑ "Alex Meruelo: Executive Profile and Biography - Businessweek". Businessweek. Retrieved 29 September 2016.
- ↑ "Path to a dream: From a family that fled Castro to first Hispanic NBA owner – This Just In - CNN.com Blogs". News.blogs.cnn.com. Retrieved 2012-03-01.
- ↑ "NBC sells KWHY-TV Los Angeles to local businessman Alex Meruelo". Latimesblogs.latimes.com. 2011-01-26. Retrieved 2012-03-01.
- ↑ "Alex Meruelo has agreement to purchase Atlanta Hawks". Usatoday.Com. 2011-08-08. Retrieved 2012-03-01.