The Malik Report
by George Malik on 04/08/11 at 07:32 PM ET
Red Wings owner Mike Ilitch’s bid for the Detroit Pistons, the Palace of Auburn Hills and Palace Sports & Entertainment didn’t take, so Platinum Equity chairman Tom Gores purchased the team today. Ilitch issued a press release that’s a bit of a concession speech:
The following statement is attributable to Michael Ilitch, chairman of Ilitch Holdings, Inc. and owner, Detroit Red Wings and Detroit Tigers:
“I would like to congratulate Tom Gores on the announcement of his agreement to purchase the Detroit Pistons and Palace Sports & Entertainment and the Davidson family on the pending sale of their businesses. We are very pleased that the Pistons will continue to call the Detroit area home. Even though we were only engaged in the sale process for a short period of time last year, I was truly amazed by all of the kind words and tremendous support we received from fans and the entire community. We are extremely fortunate to be part of one of the greatest sports towns in the world.”
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The Malik Report is a destination for all things Red Wings-related. I offer biased, perhaps unprofessional-at-times and verbose coverage of my favorite team, their prospects and developmental affiliates. I've joined the Kukla's Korner family with five years of blogging under my belt, and I hope you'll find almost everything you need to follow your Red Wings at a place where all opinions are created equal and we're all friends, talking about hockey and the team we love to follow.