Kukla's Korner Hockey
Sale Of Panthers On Course
by Paul on 07/30/09 at 12:19 AM ET
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from Barry Jackson of the Miami Herald,
Panthers ownership is close to signing a purchase agreement to sell the team to a New York-based publicly held company that would keep the team at BankAtlantic Center in Sunrise.
But the deal is still a few months from closing.
The Panthers are working on finalizing a contract to sell to Sport Properties Acquisitions Corp., which was created last year to raise cash to buy sports teams, stadiums and other entertainment properties.
A couple of issues must still be resolved, but the deal is on track to be completed.
Filed in: NHL Teams, Florida Panthers | KK Hockey | Permalink
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