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ASCENT ANNUAL MEETING: LYONS AND BARTON REAPPOINTED TO BOARD
Published April 28, 1998
Ascent Entertainment Group held its annual meeting Monday, and Ascent Chair & CEO Charlie Lyons said that '97 "was a year where our strategic investments outweighed our disappointments," according to Stephen Keating of the DENVER POST. Lyons and entrepreneur Peter Barton were reappointed to three-year terms on the Ascent Board of Directors. Among items at the meeting, Ascent announced that the $160M Pepsi Center may be financed, "in large part," by borrowing against future revenue streams, including naming rights and luxury-suite payments. Lyons described the 11-71 record of the Nuggets as "horrible" and specifically cited the "mishandling" of former Nugget Antonio McDyess, who was traded to the Suns before the season (DENVER POST, 4/28).