A company tied to St. Louis Rams owner Stan Kroenke has purchased a prime piece of land in the Los Angeles area amid speculation the NFL franchise is considering a return to the city it left for the Midwest nearly two decades ago. ''As real estate developers, the Kroenke Organizations are involved in numerous real estate deals across the country and North America,'' the statement said. We have yet to decide what we are going to do with the property but we will look at all options, as we do with all of our properties.'' The land was previously owned by Wal-Mart, which hoped to build a superstore there but could not win local voter approval for the project. Kroenke is a former Wal-Mart board member who is married to the daughter of company co-founder Bud Walton and continues to build shopping centers for the retailer.
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