Mid-Day Ticker: Kroenke's Arsenal bid hits snag, UCL preview and more

By CALEB SONNELAND

Tuesday, it looked fairly certain that American sports tycoon Stan Kroenke's takeover bid for English side Arsenal was likely to succeed, but today's headlines tell a different story. Â

Alisher Usmanov, who still holds a sizeable chunk of the London-based side's shares at 27 percent, refuses to sell his shares to Kroenke, as he says he "loves" Arsenal — despite the club's insistence that the remaining shareholders accept the American's offer of £11,750 per share.

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