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Reinsdorf out, NHL, Ice Edge in

Associated Press

Tuesday, August 25, 2009

PHOENIX -- A group headed by Jerry Reinsdorf has pulled out as a potential buyer of the Phoenix Coyotes just as the NHL and a partnership of Canadian and American investors filed separate bids in U.S. Bankruptcy Court to purchase the team and keep it in Arizona. The NHL announced its bid filing a few hours before word came that the investors' group, known as Ice Edge Holdings, had met Tuesday's court-imposed deadline. Ice Edge chairman Keith McCullough said in a news release that the plan was ...

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