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Another possible bidder for the Carolina Panthers

Alan Kestenbaum is reportedly interested in submitting a bid. He's chairman and CEO of a private equity firm called Bedrock Industries LP.

CHARLOTTE, N.C. – Another name is being mentioned as a possible bidder for the Carolina Panthers.

The Charlotte Observer reported Alan Kestenbaum is interested in submitting a bid. He is chairman and CEO of a private equity firm called Bedrock Industries LP.

Bedrock is headquartered in Miami and last June purchased Stelco Holdings, a Canadian steel company that is over 100 years old.

Longtime Panthers owner Jerry Richardson announced he was putting the team up for sale last December.

Richardson made the announcement the same day Sports Illustrated reported on allegations that he had sexually harassed a number of female employees of the team and used a racial slur.

The NFL launched an investigation but has yet to comment on what the investigation has uncovered,

Felix Sabates, a local Charlotte businessman who is a minority owner of the Hornets, has tried to put together a local group to buy the Panthers.

Sabates, who did not return a phone call from NBC Charlotte Wednesday, appeared to be trying to partner with one of the three other leading bidders: David Tepper, a hedge fund manager who is also from Miami, Charleston businessman Ben Navarro and Michael Rubin from Philadelphia.

If a new owner is selected later this month or early next month, the team owners could vote to approve the sale at their meeting in May.

Late Wednesday, Bloomberg News reported Michael Rubin is dropping out of the bidding with the value of the team now pegged at $2.5 billion. Rubin is executive chairman of apparel company, Fanatics.

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