Kukla's Korner Hockey
Edmonton Oilers Sale Approved
by Alanah McGinley on 06/18/08 at 03:28 PM ET
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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.
Filed in: NHL Teams, Edmonton Oilers, | KK Hockey | Permalink
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