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IS DELAWARE NORTH TALKING WITH CABLEVISION ON MSG STAKE?
Published March 3, 1997
Delaware North Cos., the Buffalo-based conglomerate that owns the Bruins and the FleetCenter, "denied rumors that it is looking to join" with Cablevision Systems Owner Charles Dolan in an attempt to purchase MSG, according to Kevin Paul Dupont of the BOSTON GLOBE. Delaware North spokesperson Brenda Follmer called the speculation "all false," but added, "Now, that's not to say things don't change around here -- sometimes with lightning speed." Dupont wrote deal between Delaware North Chair Jeremy Jacobs and Dolan "would be closely scrutinized" by the NHL. According to league ownership guidelines, "overlapping ownership interests are forbidden." Delaware North would have to relinquish either the Rangers or Bruins, or "spin one or the other off" into separate ownership. Dupont: "The Bruins put up for sale? It could explain a lot of what has happened -- or hasn't happened -- on Causeway Street over the last number of months" (BOSTON GLOBE, 2/28). Dupont, after Saturday's deal that sent three high-profile players to the Capitals: "Are the Bruins being stripped to be sold? It sure looks that way. All they do is get leaner on the payroll and worse on the ice, with no mention of lowering ticket prices" (BOSTON GLOBE, 3/2).