Found August 26, 2009 on
Fox Sports:
The NHL is offering about $140 million to purchase the Phoenix Coyotes in U.S. Bankruptcy Court and would avoid a sticky issue still facing the case by accepting the existing lease to play in Glendale.
The other bidder that would keep the team in Arizona, Ice Edge Holdings, did not include a figure in its bid, but its CEO Anthony LeBlanc said the partnership will offer up to $150 million.
Original Story:
http://www.pheedcontent.com/click.phd...
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