Historic sale of Texas Ranch gets approved

WICHITA FALLS, TX - The Waggoner Ranch in Texoma has new owners.

Judge Mike Dan Bird of the 46th Judicial Court is allowing officials with the W T Waggoner Ranch to move forward with a private sale in which Stan Kroenke, businessman and professional sports team owner and rancher will become the ranch's new owner.

This historic transaction will be the first-ever sale of the property.

It is currently the largest ranch under one fence in the country, and includes thousands of cattle, hundreds of horses and oil wells, and 30,000 acres of farmland.

Terms of the potential transaction have not been released.

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