Judge moves up sale deadline for Phoenix Coyotes, Reinsdorf promises bidPHOENIX — A bankruptcy judge has moved up the deadline for the proposed sale of the Phoenix Coyotes to a local owner. Chicago Bulls and White Sox owner Jerry Reinsdorf promised a bid in a hearing Monday that would keep the team in Arizona. AP Newsbreak: Person familiar with deal says Estefans buying stake in Miami DolphinsThe Dolphins are merging with Miami Sound Machine and Margaritaville. The King is back _ for now _ but financial issues threaten RPM’s futureSONOMA, Calif. — It took eight winless seasons for Richard Petty to realize he was no longer NASCAR’s best driver. Recession hasn’t sacked Packers, but front office wary of rising player costsGREEN BAY, Wis. — The Green Bay Packers haven’t been sacked by the recession despite a rough season on the field and significant financial challenges off it, but officials remain wary of the future. Molson brothers reach agreement in principle to buy Gillett family’s stake in CanadiensMONTREAL — The Molson family is poised to buy back the Montreal Canadiens. Sunoco, Valero buy bankrupt ethanol plants, analysts see other oil companies followingFULTON, N.Y. — When Sunoco closed this week on the acquisition of a bankrupt ethanol plant for pennies on the dollar, it became just the latest oil refiner to step into the alternative fuels market. Price of Boston Globe difficult to estimate, but Times Co. could get more desperate to sellBOSTON — Anyone looking to buy The Boston Globe would get one of the nation’s most prestigious newspapers, with a popular Web site, 20 Pulitzer Prizes and a 137-year history of breaking stories that have exposed corruption and public betrayal. First of many? ‘93 Penguins proved that talent, youth don’t guarantee Stanley CupPITTSBURGH — Oh, those kids. Chinese businessman Huang becomes player in American sports with bid to buy piece of CavsBEIJING — Barely a month ago, Jianhua ‘Kenny’ Huang was relatively unknown outside business circles, just one of many entrepreneurs working to match money and business opportunities across the Pacific. Molson brothers make bid to buy Canadiens, arena; Molson Coors already owns 20 percent stakeMONTREAL — Three Molson brothers confirmed Wednesday they have made an offer to buy the Montreal Canadiens, the Gillett Entertainment Centre and the Bell Centre. To boost luxury suite sales, NFL’s Browns and MLB’s Indians form joint venture in ClevelandCLEVELAND — The city’s pro baseball and football franchises are teaming up to jointly sell luxury suite packages, a new sales tactic in a tough economy. Business as usual in NASCAR despite GM’s Chapter 11 bankruptcy filingCHARLOTTE, N.C. — General Motors has become the second of NASCAR’s four manufacturers to enter Chapter 11 bankruptcy protection, but industry leaders remain confident support will continue as the automakers shore up their finances. Bettman wants to keep Coyotes in Phoenix, not looking to block Balsillie from NHLDETROIT — NHL commissioner Gary Bettman insists he is merely trying to keep the Coyotes in Phoenix, not block Jim Balsillie from buying the team and setting up shop in Ontario. |
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