Kukla's Korner

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Could Balsillie Still Buy The Pens

from the Globe and Mail,

Wednesday, Balsillie said he was prepared to make another bid for the team.
“All it takes is three motivated parties and a five-minute phone call to get this deal back on track,” he said in a e-mail referring to himself, the NHL and the Penguins’ current owners. “We’ve fully studied the situation, and are prepared to complete the purchase and immediately commence good faith ‘Plan B’ negotiations with the government officials to keep the team in Pittsburgh.”
It’s not clear whether the owners would welcome Balsillie back. On Monday, Lemieux said he was “shocked and offended” by Balsillie’s withdrawal and threatened to withhold his $10-million deposit.

read on

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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.

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