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Balsillie Sweetens His Offer
by Paul on 09/07/09 at 07:27 PM ET
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from Camwest Newservice/National Post,
Jim Balsillie is sweetening the pot in his bid to buy the bankrupt Phoenix Coyotes.
On Monday, lawyers for the co-CEO of BlackBerry maker Research In Motion filed a revised purchase agreement with the bankruptcy court in which he has made an offer to buy the city of Glendale out of the Jobing.com Arena lease for a minimum of US$40-million.
Filed in: NHL Teams, Phoenix Coyotes | KK Hockey | Permalink
Tags: Jim+Balsillie,
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