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Panthers Sale Agreed Upon
by Paul on 06/02/09 at 02:12 PM ET
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from Ben Klaymen of Reuters,
A publicly held company formed last year to acquire sports properties has agreed to purchase the Florida Panthers hockey team for $240 million, a source familiar with the talks said on Tuesday.
Sports Properties Acquisition Corp has agreed to buy the National Hockey League team; its home, BankAtlantic Center; an arena management company and some land surrounding the arena, said the source, who asked not to be identified because the deal has not been announced.
Filed in: NHL Teams, Florida Panthers | KK Hockey | Permalink
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