NAMES IN THE NEWS : Turner Holds Sale at Ranch
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GALLATIN GATEWAY, Mont. — Media mogul Ted Turner attracted hundreds of farmers, ranchers and bargain-hunters to an auction of surplus equipment from his extensive holdings in southwest Montana.
The auction offered everything from diesel tractors and hay bale stackers to irrigation pipe as he converts his Flying D Ranch from cattle to raising buffalo and trophy elk.
The Flying D earlier sold about 11,000 cattle and began cutting back on growing hay at higher elevations to make room for the 3,000 to 4,000 buffalo that Turner wants to let roam, said ranch manager Bud Griffith.
Last summer, the owner of WTBS in Atlanta who also owns professional sports teams and has other extensive business interests, bought the Shelton Ranches, which include the Flying D, for a reported $20 million-plus.
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