NEW ORLEANS – Tom Benson, owner of the New Orleans Saints and the New Orleans Pelicans, bought Cadillac of New Orleans in Metairie, Louisiana, The New Orleans Advocate’s Richard Thompson reports.
He said the 89-year-old billionaire has a six decade relationship with General Motors. Benson first became a GM dealer in the 1950s.
Thompson reports Benson is now adding Cadillac to his roster of car dealerships, which includes Best Chevrolet in Kenner and Mercedes-Benz of New Orleans.
Thompson reports the purchase details were not made public.
Last week, Benson sold a majority share of WVUE-TV, the local Fox affiliate, and The New Orleans Advocate reported last month that Benson is considering buying a majority stake in Dixie Brewing Co.
