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SBD/May 14, 2013/Franchises
NHL Rejects Pastor Bid For Coyotes; Length Of Deal Financing Reportedly An Issue
Published May 14, 2013
NEXT IN LINE: ESPN.com’s Scott Burnside wrote Pastor has “joined a long list of would-be Phoenix Coyotes suitors whose interest in owning the team could not translate to an actual money-on-the-table purchase.” Pastor, whose “family has hockey connections in the Buffalo area, emerged within the past month or so as a potential purchaser of the team.” It is “believed that investors with the former Ice Edge Group led by" Renaissance Sports & Entertainment Principal Anthony LeBlanc and AltaCorp. Capital Chair & CEO George Gosbee "remain the front-runners in being able to close a deal with the league to purchase the team" for $170M (ESPN.com, 5/13).