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New Dallas Stars Owner On The Horizon?

from David Shoalts of the Globe and Mail,

Tom Gaglardi has agreed to a price and most of the terms for buying the Dallas Stars – and if he can steer it through bankruptcy court with the bankers in charge of the sale, the Vancouver businessman will be the NHL team’s new owner.

It is expected Gaglardi, 43, will soon enter an exclusive negotiating period of roughly 30 days to complete the purchase of the NHL team and a 50-per-cent share of American Airlines Center. The last hurdle, according to a source familiar with the sale who requested anonymity because the deal is not official, is taking the Stars through bankruptcy court so Gaglardi will not be hampered by any debts left by current owner Tom Hicks….

NHL deputy commissioner Bill Daly declined to clarify the situation. He said in an e-mail message Monday the source’s information is “partially true and partially inaccurate. Unfortunately, I’m not in a position to specify which is which.”

read on

Filed in: NHL Teams, Dallas Stars, | KK Hockey | Permalink
  Tags: tom+gaglardi

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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.

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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