The Twins are hustling to regroup after learning this week that a leading contender in their search for a new owner has abandoned his bid.

The Athletic reported Friday night that Justin Ishbia, a potential buyer of the Twins, has decided to increase his stake in the rival Chicago White Sox.

Justin and his brother, Mat, emerged as suitors to buy the Twins in December, a few months after chairman Joe Pohlad -- whose father, Carl, purchased the Twins for $44 million in 1984 -- announced that the family would explore options to sell the ballclub.