Branding on the historic Waggoner Ranch.Representatives for the renowned W.T. Waggoner Ranch on Feb. 9 announced that Judge Dan Mike Bird of the 46th Judicial District Court has allowed the Waggoner’s owners to proceed with a private transaction under which Stan Kroenke, American businessman, professional sports team owner and rancher, will become the Waggoner’s new owner. This historic transaction will be the first-ever sale of the Waggoner, an approximately 535,000-acre estate which was established in 1849 and spans across six Texas counties and almost 800 square miles. It is currently the largest ranch under one fence in the United States, and includes thousands of cattle, hundreds of horses and oil wells, and 30,000 acres of farmland. Terms of the potential transaction were not disclosed.