The Steelers announced today that in a series of transactions approved by the NFL all of the Steelers stock owned by Jimmy Haslam has been acquired. In October of 2012, Mr. Haslam purchased the Cleveland Browns. Mr. Haslam disassociated himself from all Steelers business at that time and authorized Steelers President Art Rooney, II and Morgan Stanley to arrange for the purchase of the Steelers stock owned by Mr. Haslam. The majority of the Haslam stock was purchased by existing Steelers stockholders. A portion of the Haslam stock was purchased by members of the Swank Family, Scott and Russ Swank.
Steelers President Art Rooney, II said, “We appreciate the continued confidence of our Ownership group involving this purchase of stock owned by Jimmy Haslam, and we welcome Scott and Russ Swank to our Ownership group.”