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dash
Money can't buy happiness, but it can buy bacon
Looks very close to being a done deal...
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.”
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.”