Kukla's Korner Hockey
Palace Sports & Entertainment Finances $70M For New Tampa Owners
by Paul on 10/11/08 at 07:01 PM ET
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from Lightning Strikes,
Palace Sports financed $70-million of team sale
Why is this interesting? Because the company that wanted so badly out of the hockey business is still so entwined, and even more deeply (about $20-million more deeply) than we originally believed. It also is in a position, though unlikely, to regain control of the team if OK Hockey cannot repay the loan.
Filed in: NHL Teams, Tampa Bay Lightning | KK Hockey | Permalink
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