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Buffalo Sabres Announce Purchase Agreement

From the Buffalo Sabres,

BUFFALO, NY (February 1, 2011)—The Buffalo Sabres today announced that Tom Golisano has reached an agreement to sell the Buffalo Sabres and its related companies to Terry Pegula. The agreement, completed at 1 p.m. today, is subject to certain closing conditions including review and approval by the National Hockey League. It is expected the NHL review process will take several weeks to complete.

Tom Golisano and Larry Quinn will hold a press conference on Thursday at Noon in HSBC Arena. There will be no further comment until the press conference.

Terry Pegula will not be at Thursday’s press conference.

Filed in: NHL Teams, Buffalo Sabres, | KK Hockey | Permalink
  Tags: buffalo+sabres, larry+quinn, sale+of+sabres, terry+pegula, tom+golisano

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About Kukla's Korner Hockey

Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.

Email Paul anytime at pk@kuklaskorner.com

 

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