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Letter Of Intent Signed For Pens

from Shelly Anderson of the Pittsburgh Post-Gazette,
A group of four led by Samuel Fingold has signed a letter of intent to purchase the Penguins, the team announced tonight. The letter of intent gives the Fingold group exclusive negotiating rights to reach a purchase agreement. After such an agreement, the NHL would need to give its approval. Fingold, 34, grew up a hockey fan in Toronto and now is principal of Kenyon Investments in Hartford, Conn. Although he earlier indicated an interest in moving the hockey team to Kansas City if he was successful in purchasing it, Fingold now seems intent on keeping it here.

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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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