Judge approves sale of bankrupt Stars

Vancouver businessman Tom Gagliardi--whose family owns the Denny's restaurants, Sandman Hotels, and the Kamloops Blazers hockey team--is buying the Stars for $50 million and assuming $100 million in debt. The Stars moved from Minnesota in 1993. The team entered bankruptcy protection two months ago.
Author:
Publish date:
Social count:
0

Vancouver businessman Tom Gagliardi--whose family owns the Denny's restaurants, Sandman Hotels, and the Kamloops Blazers hockey team--is buying the Stars for $50 million and assuming $100 million in debt. The Stars moved from Minnesota in 1993. The team entered bankruptcy protection two months ago.

Related

Judge OKs three clawback settlements in Petters case

The bankruptcy estate of former Minnesota businessman Tom Petters will receive nearly $34 million. A U.S. District Judge approved three “clawback” settlements with GE Capital, Fredrikson & Byron, and the John T. Petters Foundation. Petters is currently serving a 50-year prison sentence for his fraud conviction.

Organizers reveal location of Dark Star estate, memorabilia sale

St. Anthony Main in Minneapolis has been revealed as the location of the estate sale of Twin Cities media personality Dark Star. Organizers said on Friday that they held off on the announcement of the location of the three-day sports memorabilia sale for security purposes. Dark Star, whose real name was George Chapple, died in June at age 66.

Wild to honor North Stars

The Wild will honor the North Stars March 29 during their home game against Florida. The team says more than 30 former North Stars will be there, including Neal Broten, Gordie Roberts and J.P. Parise.

CapX2020 approved

Wisconsin regulators approve plans to build a $202 million, high-voltage transmission line in western Wisconsin that will serve as the last leg of the CapX2020 transmission lines. The 700-mile series of lines would bring lower-cost power across Minnesota from the Dakotas.

Lynx to battle Silver Stars

The Minnesota Lynx take on the Silver Stars in a huge regular-season matchup Tuesday at Target Center. Both teams have made the playoffs, but the Lynx hope to pad their two-game edge over San Antonio in the Western Conference.

Next Up