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News Brief

May 4, 2006
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A group of investors led by real-estate magnate Ted Lerner and his family purchased the Washington Nationals baseball team. Lerner and Major League Baseball wrapped up details of the $450 million purchase Tuesday night following a yearlong competition over ownership. Lerner, 80, was raised in an observant Orthodox Jewish family. One of the largest beneficiaries of his philanthropic work is his Conservative congregation, Ohr Kodesh in Chevy Chase, Md., to which he contributed $505,000 in 2003. The Lerners are partnered with former Atlanta Braves President Stan Kasten, the son of Holocaust survivors. The bid beat one by Fred Malek, a Nixon administration official who carried out an order from the president to purge the Department of Labor of Jewish statisticians.

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