IRES and REcolorado are pleased to report excellent progress is being made in the effort to form a merged MLS organization.
Productive meetings are taking place between two negotiating teams comprised of representatives from both the IRES and REcolorado Boards of Directors. The group representing the eight shareholder/participating associations are also continuing to gather. Additionally, the CEOs of IRES and REcolorado are collaborating. A new facilitator, Chris Osborn, with Foster Pepper PLLC is leading each of these meetings, which have been extremely productive.
We remain optimistic. Additional updates will be provided as new information becomes available, or as milestones are achieved.