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AFTER NEW FINANCING, WILL PENS BE SEARCHING FOR NEW WARDEN?

          The Penguins are "close to obtaining financing
     necessary to carry the ailing team" through the end of the
     season, according to Suzanne Elliott of the Pittsburgh
     TRIBUNE-REVIEW.  Interim CEO J. Garvin Warden said that the
     team "is near a deal" for $20M in permanent financing,
     pending approval from U.S. Bankruptcy Court.  The move
     "should alleviate any doubt the team will keep playing"
     (TRIBUNE-REVIEW, 11/6).  Also in Pittsburgh, Chuck Finder
     writes that the Penguins have "publicly opened" their search
     for a CEO to replace Warden.  Warden: "I'm now moving into
     the phase where it's time for someone else to assume day-to-
     day responsibilities" (PITTSBURGH POST-GAZETTE, 11/6).  

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