1974 : Detroit Pistons Bought by Group Led by Bill Davidson

July 29, 2018 all-day

A group of investors, headed by Guardian Industries President Bill Davidson, bought the Detroit Pistons on July 29, 1974, for $8.1 million.

The other owners announced that day were Herb Tyner, co-owner and president of Hazel Park Raceway; David and Eugene Mondry, operating officers of Highland Appliance; Warren Coville, president of Guardian Industries’ Guardian Photo Division; William Wetsman, movie-theater chain owner, and Oscar Feldman, partner in Katcher, Feldman and Wienner.

Source : Zlati Meyer, “Investors headed by Bill Davidson buy Pistons”, Detroit Free Press, July 28, 2013.

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