PANTHERS SEEK $30M CASH INFUSION FROM SHAREHOLDERS FOR DEBT

          Florida Panthers Holdings (FPH) wants shareholders to
     invest $30M in FPH that "would go toward paying off debt
     from hotels the company acquired as it has evolved from a
     sports franchise into a resort owner and operator,"
     according to Cindy Krischer Goodman of the MIAMI HERALD. 
     FPH proposed an offering "that would allow stockholders to
     purchase one additional share in the company for every 10
     shares they now own."  The price would be $10.25 a share, a
     "minimal discount" to the $10.50 price that shares closed at
     yesterday.  FPH's most recent fund-raising effort "comes on
     the heels of a private placement last week" in which FPH 
     raised $40M from the sale of 4 million shares to
     institutional investors.  Panthers spokesperson Stan Smith
     said that the company is targeting current shareholders to
     raise money because it is "less dilutive" than issuing
     shares on the open market.  The company reported record
     operating results of $9M for the quarter ended December 31,
     compared with $1.2M in '97 (MIAMI HERALD, 2/17).