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Judge approves $140M sale of Coyotes

Associated Press

Monday, November 2, 2009

PHOENIX -- The Phoenix Coyotes' bumpy six-month journey through U.S. Bankruptcy Court has come to an end with a judge's approval of the sale of the franchise to the NHL. Judge Redfield T. Baum signed the order on Monday after a quiet, brief hearing in a mostly empty courtroom, a stark contrast to earlier scenes of high drama featuring countless high-priced attorneys locked in often-bitter arguments. The NHL's bid totals about $140 million. The official figure listed in the sale order is $128.4 ...

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