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The Latest On The Dallas Stars Sale

via Mike Heika of the Dallas Morning News,

Here is a statement from NHL Deputy Commissioner Bill Daly on the Stars’ sale:

“Now that the bidding deadline has been reached, we will continue our due diligence process and will proceed with the Board’s ownership transaction review process. We also will work with the courts in the continued hope of bringing this matter to a successful and expeditious resolution.”

The NHL has confirmed there were no other bids on the Stars. It appears that Vancouver businessman Tom Gaglardi will eventually become the owner, but there still is some paperwork and red tape that has to be processed.

All sides are being very cautious with the information they are divulging and this could take a month or so.

Filed in: NHL Teams, Dallas Stars, | KK Hockey | Permalink
 

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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