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Coyotes Ownership/Financial Situation #7

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11-02-2009, 12:33 PM
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Originally Posted by TheLegend View Post
Time for Part 8??
Originally Posted by TeamTurris View Post
Looks like the Sale out of bankruptcy was approved by Judge Baum according to CBC
Great timing for thread eight.

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11-02-2009, 12:48 PM
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Originally Posted by TeamTurris View Post
Looks like the Sale out of bankruptcy was approved by Judge Baum according to CBC

Judge approves sale of Coyotes to NHL
League will pay $140 million to Moyes; Gretzky doesn’t join in deal
AP Associated Press
updated 25 minutes ago

PHOENIX - A federal bankruptcy judge has given his approval to the sale of the Phoenix Coyotes to the NHL.

Judge Redfield T. Baum agreed to sign the sale order on Monday after attorneys made minor modifications to the deal.

None of the changes significantly altered the NHL’s agreement to pay about $140 million to buy the team from owner Jerry Moyes.
Same AP/CP piece is on TSN: http://tsn.ca/nhl/story/?id=297002

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11-02-2009, 01:03 PM
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Well once the sale is official, I wonder if we'll start to hear something concrete about potential buyers of the team. Seems like details have been pretty scarce lately other than a few Ice Edge comments.

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11-02-2009, 01:57 PM
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Post limit, new thread here:

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