Kukla's Korner Hockey
by Alanah McGinley on 06/18/08 at 03:28 PM ET
From Dan Barnes at the Edmonton Journal,
The sale of the Oilers to Edmonton billionaire Daryl Katz has been approved by the National Hockey League’s Board of Governors.
A source said the approval was granted earlier this morning during the governors meeting in New York.
Rexall Sports, the Katz Group company that purchased the Oilers for $200 million from the Edmonton Investors Group, will now proceed to close the sale on or before June 30 by issuing cheques to the 34 EIG members.
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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.
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