SBD/15/Facilities Venues

PRIMEX SHAREHOLDER GROWLING AT GRIZZLIES NEW OWNERS

     This morning's VANCOUVER SUN reports the Griffiths/ McCaw
group now owns the C$163M "GM Place," set to open in September
'95, which will house the group's NBA expansion franchise, the
Grizzlies.  The Griffiths/McCaw group bought the complex by
purchasing remaining shares of Northwest Arena Corp for
C$100/share.  But Primex Investments President Art Rennison is
resisting the share transfer, as he said he wants "proportionate
ownership" for his 10% of Northwest Arena Corp.  Rennison is
accusing Arthur Griffiths of "co-opting the arena and the
basketball franchise from Northwest shareholders."  Rennison also
said Primex's lawyers are sending a letter to Northwest's parent
company, Northwest Sports Enterprises, asking them to recover the
team and arena.  If the letter fails, Rennison said he will go
British Columbia Supreme Court to "order them to recover the
assets."  Griffiths has said he is negotiating with some new
investors who the NBA has asked him not to identify (David
Baines, VANCOUVER SUN, 9/15).
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