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Business

Schlegel Sells Pavestone to Okies

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You might recall that Bob Schlegel thought he’d sold his Pavestone for $540 million until the FTC kiboshed the deal at the last moment. Ouch. Well, now he’s finally sold his company, which makes concrete landscaping stones and suchlike. Or he has sold an equal interest in it (I’m assuming 50 percent). The buyer? The Oklahoma Publishing Co., publisher of the Oklahoman. Details of the deal weren’t disclosed. Here is my question: Schlegel isn’t exactly what you’d call publicity shy. Why is FrontBurner the first outlet in Dallas to mention this (as far as I can tell)?

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