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FLORIDA PANTHERS HOLDINGS EYES EXPANSION IN HOTEL MARKET

          Florida Panthers Holdings (FPH) is "trying to secure up
     to" $500M in credit in order to "add to its trophy chest of
     luxury hotels and other facilities," according to Katherine
     Hutt of the Fort Lauderdale SUN-SENTINEL.  FPH CFO William
     Pierce said that they are in talks with "a couple of"
     financial institutions about a "three year revolving credit
     facility" that will be used "primarily for acquisitions." 
     The company is looking at resorts in both the East and the
     West and is "targeting independently owned resorts," with
     Phoenix, Palm Springs, and California's wine country "among
     the attractive markets."  Officials said that the company
     "should lose" $14M this year on revenues of $250M; however,
     the Panther hockey team, which now has a $15M "negative cash
     flow," should switch to an $8M "positive cash flow" after it
     moves into Broward Arena next season (SUN-SENTINEL, 11/18).

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